Firms continue struggle to access bank loans
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| Bank of England |
Despite efforts by the UK Government to stimulate bank lending, new survey indicates that over the last year it had become more difficult for the UK Businesses to obtain bank loans. One of the main factors is the importance for banks to put aside large amounts of capital, especially in this critical period. Veteran banker, Dr Josef Ackermann, lately notified that the change in risk weightings cause bad consequences for small and medium-sized businesses. Beside it, companies that obtained bank loans in the past, have noticed little progress in lending margins and arrangement fees. Louise Van Isterdael
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