Description | Includes: analysis of bank lending to United Kingdom residents; Deposit Protection Board claims settlements for eligible customers of the Bank of Credit and Commerce International (BCCI) SA; petition for the winding-up of Sylcon Finance Limited; speeches; withdrawl of legal tender status from £20 notes (series D); appointments. including that of new Governor (Edward George) and Deputy Governor (Rupert Pennent-Rea) of the Bank of England; bank lending to small businesses; Government stock issues; Financial Law Panel established; Bank of England adopts European Community (EC) directive on consolidated supervision of banks; Securities Settlement Task Force (halting of the work on TAURUS); support operations for authorised banks. |