TITLE

The Funding for Lending Scheme

PUB. DATE
August 2012
SOURCE
Bank of England Quarterly Bulletin;2012 3rd Quarter, Vol. 52 Issue 3, p195
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the Funding for Lending Scheme (FLS) that was launched by the Bank and the Government of Great Britain on July 13, 2012. The FLS has been designed to incentivise banks to boost their lending to Great Britain households and non-financial companies, by providing term funding at rates below those prevailing in the market at the time. It further outlines FLS' operation in practice.
ACCESSION #
82152839

 

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