TeleTrade - Analytics

    TeleTrade

    723.50 6.50/10
    57% of positive reviews
    Real

    05.07.2016 10:03 Bank of England financial stability report: will give insurers more flexibility to deal with a sharp fall in market interest rates

    05.07.2016 10:03

    Bank of England financial stability report: will give insurers more flexibility to deal with a sharp fall in market interest rates

    • Will reduce counter cyclical capital buffer to 0.0% from 0.5% with immediate effect until June 2017 at the least

    • CCB cut will reduce buffer by £5.7bn and raise bank lending capacity by £150bn (not mil as I put in the title)

    • FPC is ready to take any further action needed to support financial stability

    • Will give insurers more flexibility to deal with a sharp fall in market interest rates

    • BOE stands ready to take action to ensure capital and liquidity buffers can be drawn on to support lending

    • BOE needs to reduce any pressure on firms to restrict supply of credit and provision of financial services

    • BOE closely monitoring commercial real-estate, buy-to-let, investor appetite for UK assets and fragile market liquidity

    • Current outlook for financial stability is challenging and some Brexit risks are starting to crystallise



    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree