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UK Banking System Resilient To Severe Stress Scenario, Says BoE

Por: RTTNews Business July 12, 2023

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The UK banking system is well capitalized and maintains large liquidity buffers, the Financial Policy Committee of the Bank of England said Wednesday. In the Financial Stability Report, the committee said asset quality remains relatively strong and higher interest rates had a limited impact on credit risk so far. Nonetheless, the overall risk environment is challenging. The central bank said the major UK banks were resilient to a severe stress... + full article



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