BoE worries about banks exposure to telecoms

The Bank of England is expected to express concern at the level of debt run up by telecoms companies, the UK's Telegraph newspaper said on Monday.

The central bank, in its Financial Stability Review later this week, is expected to warn about banks' exposure to what some estimates put at $410bn of bonds and loans issued over the last year.Just last week, UK financial watchdog the Financial Services Authority expressed similar worries about telecom company debt as the central bank.

The Bank of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: