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EconomyEXCLUSIVE: Banks rush to swap higher-risk credit assets for BoE cash

British banks are increasingly using higher-risk assets, including loans tied to high-interest store cards and vehicle leases, as collateral at the Bank of England, a Reuters review of BoE filings shows.

British banksBank of Englandcredit assets

RReuters★★☆☆☆2026-09-02 06:30Original

EXCLUSIVE: Banks rush to swap higher-risk credit assets for BoE cash
EXCLUSIVE: Banks rush to swap higher-risk credit assets for BoE cashEconomy