Bank of England says have seen some evidence UK lenders tightened consumer credit underwriting standards in 2017

Market news

17 January 2018

Bank of England says have seen some evidence UK lenders tightened consumer credit underwriting standards in 2017

Some lenders' boards do not receive enough information to judge consumer lending quality is worsening
Says will consider following up adequacy of lenders' credit risk monitoring in late 2018
UK motor finance lenders have adopted a "reasonably prudent" approach to future value of 2nd-hand cars

EU's Juncker says willing to facilitate Britain rejoining EU after Brexit

Eurozone: Harmonized CPI, Y/Y, December 1.4% (forecast 1.4%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.