BoE extends Funding for Lending Scheme

Bank of England artwork
The Bank of England

The Bank of England (BoE) today revealed it will extend its Funding for Lending Scheme (FLS) for an additional year in the hope of providing relief to credit-constrained small and medium-sized enterprises (SMEs).

The FLS was launched in 2012, offering funding to banks in exchange for an increase in their lending activities. The scheme was refined in November 2013 to specifically target lending to SMEs, and was set to close in January 2015. It will now continue until January 2016.

Mark Carney, th

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 indvidual account here: