Banks urged to stay calm
Banks urged to stay calm
- 1992
- Estates Times (1143) 15 May 1992, 1(1) .
Sir John Quinton has warned lenders not to overreact to the property crisis. The retiring chairman of the largest single lender to the property market, Barclays Bank, called for a sense of proportion and said an overreaction would `seriously aggravate the decline in property prices and cause further damage to the industry`s short-term performance`.
BANK LENDING
BARCLAYS BANK
PROPERTY FINANCE
Sir John Quinton has warned lenders not to overreact to the property crisis. The retiring chairman of the largest single lender to the property market, Barclays Bank, called for a sense of proportion and said an overreaction would `seriously aggravate the decline in property prices and cause further damage to the industry`s short-term performance`.
BANK LENDING
BARCLAYS BANK
PROPERTY FINANCE