"Though there are signs that credit conditions may have started to ease, lending to business has fallen and spreads on bank loans remain elevated," its statement said.
The fact that Prince Charles's current wife, Camilla, and Catherine, Prince William's wife, have started to wear royal jewels, lent by Queen Elizabeth, is a symbol of the British royal family's serenity after the storm.
"Though there are signs that credit conditions may have started to ease," the bank said, "lending to business has fallen and spreads on bank loans remain elevated.
Attorneys-general from New York to California have started to investigate fraudulent mortgage lending.
REELING from billions of dollars of loan losses, banks have started to sell assets and rein in lending to keep their capital from eroding.
But double-digit price declines and the lending drought have started to threaten this once near-inviolable pillar of New York real estate.
After radically scaling back auto lending during the financial crisis, banks and the lending arms of the automakers have started to issue loans more aggressively.
We have just started to lend an ear to the conversation between male and female gametophytes, 'green love talks', and, surely, we will soon acquire deeper mechanistic insights into double fertilization.
Mr Yunus was no doubt familiar with microfinance innovations in other countries: BRI in Indonesia had transformed itself from a wreck into a huge success by emphasising savings, not credit, and other institutions had started to abandon group lending.
