Advertisement
trendingNowenglish1773886https://zeenews.india.com/business/news/international/uks-top-four-lenders-pass-stress-tests-bank-of-england_114290.html

UK`s top four lenders pass stress tests: Bank of England 

Britain`s four biggest lenders have passed the Bank of England`s stress tests, which are designed to show their ability to withstand a new economic crisis, the central bank said on Tuesday.

London: Britain`s four biggest lenders have passed the Bank of England`s stress tests, which are designed to show their ability to withstand a new economic crisis, the central bank said on Tuesday.

Barclays and HSBC, and state-backed pair Royal Bank of Scotland and Lloyds Banking Group, are strong enough to cope with a painful downturn that would see house prices plunge by 35 percent, the BoE said in a statement.

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

NEWS ON ONE CLICK