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Bank of England seeks to increase competition in home loans

The Bank of England (BoE) set out proposals on Wednesday to end unfair advantages some banks have in calculating how much capital to hold for mortgages in a bid to increase competition.

Bank of England seeks to increase competition in home loans
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  • Shared by Reuters
  • October 01, 2020
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Some bigger banks can use their own internal models for determining the risk weightings and therefore capital levels for home loans they have granted.

Read more at Reuters

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