CCR Magazine

Subscribe Here
You are here  :Home arrow News arrow Carney's decision was spot on - now the onus is on banks: Comment from Kevin Caley
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Carney's decision was spot on - now the onus is on banks: Comment from Kevin Caley PDF Print E-mail
Thursday, 07 July 2016
Commenting on Mark Carney’s decision to cut capital requirements for UK banks,   Kevin Caley, Founder and Chairman of P2P lender ThinCats said:   “Mr Carney’s decision to reduce capital buffers for banks and free up £150billion is undoubtedly the right decision for the British economy. But it remains to be seen whether this will actually benefit SMEs. The onus is truly on banks to respond in the correct way, by reassuring businesses that they can access the funding they desperately need.

“The economy requires stimulus from the ground up and until high-street lenders recognise and act upon this, the alternative finance sector will continue to play a vital role in bridging the funding gap.”
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197