Bank planning measures to ease impact of credit crunch

The Bank of England is understood to be considering a range of measures to help ease the impact of the credit crunch on UK banks, it was reported today.

Bank planning measures to ease impact of credit crunch

The Bank of England is understood to be considering a range of measures to help ease the impact of the credit crunch on UK banks, it was reported today.

Governor Mervyn King is expected to announce plans shortly to accept a wider range of collateral for Bank of England loans, while also pumping more money into the markets.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited