Carney pledges BoE will shape ‘future of finance’

BoE wants innovation on balance sheet access, SME credit and climate stress tests

Mark Carney
Mark Carney
Bank of England

The Bank of England is planning to involve itself more closely in the “future of finance”, potentially granting more firms access to its balance sheet, becoming more active in encouraging credit flows to small firms, and implementing climate stress tests.

Governor Mark Carney said today (June 20) that the “new economy” demanded a “new bank”.

A core plank of the strategy is promoting payments, including by launching a debate on whether more firms should be able to tap into the BoE’s balance

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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

.