KM Financial Solutions | UPDATE 1-BoE to consult on new platform to plug 22 bln stg SME funding gap
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UPDATE 1-BoE to consult on new platform to plug 22 bln stg SME funding gap

UPDATE 1-BoE to consult on new platform to plug 22 bln stg SME funding gap

The Bank of England said on
Thursday it will lay the groundwork for a new platform that will
help small companies get loans to grow.
BoE Governor Mark Carney said it would consult on developing
an open platform for competitive financing to plug a 22 billion
pound funding gap for small and medium sized enterprises (SMEs).
“It is not for the Bank of England to build this platform
but we can help lay some of the groundwork,” Carney said in

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