Sharp decline in consumer lending
The banking sector will cut back sharply on its lending to households in line with its own capital losses.
CONTEXT(Help)
-
The Global Financial Crisis »The Global Financial Crisis
▲
Potential consequences of the financial crisis? »Potential consequences of the financial crisis?
▲
US faces severe recession »US faces severe recession
▲
Sharp decline in consumer spending »Sharp decline in consumer spending
■
Sharp decline in consumer lending
●
Banks must keep lending in proportion to shrinking capital base »Banks must keep lending in proportion to shrinking capital base
◄
Financial institutions will suffer further capital losses »Financial institutions will suffer further capital losses
+Comments (0)
+Citations (0)
+About