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home / news releases / bank of england update implications for u k banking

RBS - Bank Of England Update - Implications For U.K. Banking Stocks

Royal Bank of Scotland Group Plc New ADS
  • COVID-19 has caused huge disruptions to UK credit and deposit markets.
  • Mortgage approval volumes strong, with positive pricing trends.
  • Consumers paying off debts, with credit card balances shrinking.
  • Small and medium sized businesses have borrowed heavily.
  • Household deposit growth has been strong - lockdowns limit spending opportunities.

For further details see:

Bank Of England Update - Implications For U.K. Banking Stocks
Stock Information
Company Name: Royal Bank of Scotland Group Plc New ADS
Stock Symbol: RBS
Market: NYSE
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