Exact(9)
But the structure of the industry supplying credit and other charge cards faces unprecedented scrutiny.
See articleThe French finance ministry scrambled to rescue Crédit Immobilier de France, a small bank specialising in supplying credit to lower-income households.
This drop in cross-border banking is being encouraged by bank regulators, which are pressing banks to shrink but still supplying credit to their domestic markets.
He continued: "If Britain is going to grow on a sustainable basis, we need smaller banks and more competitive banking focused on supplying credit to British business.
The credit easing plan, due to be fleshed out in the budget in November, stops short of a state investment bank but is an implicit admission that commercial banks are unwilling or incapable of supplying credit to British business.
Their interests are often not the same as those of the real economy". He continued: "If Britain is going to grow on a sustainable basis, we need smaller banks and more competitive banking focused on supplying credit to British business.
Similar(51)
Customers were offered free or nearly free samples of the pills and powders and, according to David O'Toole, a lawyer for the F.T.C., hundreds of thousands of Americans took the bait, supplying credit-card numbers or allowing automatic bank debits.
The government rescued RBS only because the public needs the bank to supply credit and to provide a payments system.
Only a few years ago, Europe's biggest banks were clamoring to supply credit at very attractive terms.
After all, they were the ones that continued to supply credit to the economy during the downturn.
But the Fed issued a reassuring statement noting in effect that it would supply credit as needed.
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