Reported 27 days ago
Recent changes to the UK's bank capital regulations aim to support smaller lenders by making it easier for them to compete with major banks in the mortgage market. The Bank of England's reform allows these banks more flexibility in calculating risk weights, which could lower their operational costs and enhance competitive rates. This change is expected to help smaller banks, like Metro Bank and the OSB Group, improve their market position as they navigate a tough economic landscape dominated by larger institutions.
Source: YAHOO