Belfast Telegraph

Lending plans for SMEs are delayed

Press Association

PLANS to boost credit to small businesses have been dealt a blow after a major lender delayed its launch into the sector until 2016. Nationwide, the UK's biggest building society, has put on hold plans to lend to small and medium-sized enterprises (SMEs) as regulators force it to hold more capital as a buffer against financial crises, the Financial Times reported.

PLANS to boost credit to small businesses have been dealt a blow after a major lender delayed its launch into the sector until 2016. Nationwide, the UK's biggest building society, has put on hold plans to lend to small and medium-sized enterprises (SMEs) as regulators force it to hold more capital as a buffer against financial crises, the Financial Times reported.

Belfast Telegraph

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