Bank of England to create lending facility for insurers
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Bank of England to create lending facility for insurers

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The Bank of England (BoE) has announced it will create a lending facility for insurers and other non-bank financial institutions (NBFIs).

The programme is designed to reinforce financial stability during periods of exceptional liquidity stress, said Andrew Hauser, executive director for markets at the BoE in a speech given yesterday.

The

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