BoE to consult on new platform to plug 22 bln stg SME funding gap
The Bank of England said on Thursday it will lay the groundwork for a new platform that will help small companies get loans to grow.
BoE Governor Mark Carney said it would consult on developing an open platform for competitive financing to plug a 22 billion pound funding gap for small and medium sized enterprises (SMEs).
“It is not for the Bank of England to build this platform but we can help lay some of the groundwork,” Carney said in a speech in London’s Ma
BoE Governor Mark Carney said it would consult on developing an open platform for competitive financing to plug a 22 billion pound funding gap for small and medium sized enterprises (SMEs).
“It is not for the Bank of England to build this platform but we can help lay some of the groundwork,” Carney said in a speech in London’s Ma
Posted by Reuters
