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Banks warned

Language: English Series: Financial Times ; 24 January 1997, 20(1)Publication details: 1997Subject(s): Summary: The Bank of England has warned commercial banks not to relax their lending standards in the assumption that the economy is stabilising and bad debts will remain low.

The Bank of England has warned commercial banks not to relax their lending standards in the assumption that the economy is stabilising and bad debts will remain low.