UPDATE 2-BoE to help create data platform for small company loans
Thursday it will lay the groundwork for a new platform to help
small companies get loans by having key underwriting data in one
“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 Mansion House.
Lenders would be able to access credit and other data held
on companies on the platform to speed up lending.
Posted by Reuters