Banks and business caught out by emergency measures

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The regulators have urged all action necessary to get coronavirus cash to firms, with a veiled a warning if lenders don’t hurry up

Get a bloody move on. That was not, obviously, the wording of the exhortation to banks in Wednesday’s joint letter from the chancellor, the governor of the Bank of England and head of the Financial Conduct Authority. But the gist was clear. The authorities are worried that their emergency measures are not being implemented on the ground by lenders – or, at least, not fast enough.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

БОРТ

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines