Credit control - notice to banks and deposit-taking finance houses issued by the BoE on 18 Nov 1976

Quarterly Bulletin 1976 Q4
Published on 01 December 1976

Notice to banks and deposit-taking finance houses, issued by the Bank of England on 18 November 1976.

Banking figures for October indicate continuing rapid growth in lending to the private sector. Further monetary restraint is therefore necessary. Accordingly, the Bank have decided, with the approval of the Chancellor of the Exchequer, to reintroduce immediately the supplementary special deposits scheme that was suspended on 28th February 1975.

PDFCredit control - notice to banks and deposit-taking finance houses issued by the BoE on 18 Nov 1976


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