UK watchdog says Amigo could restart lending subject to conditions

– British sub-prime lender Amigo Holdings Plc may restart lending if it meets sure circumstances and its new enterprise rescue plan is authorized by the London Excessive Court docket, the British monetary regulator mentioned to Amigo in a letter that was additionally printed on its web site on Monday.

The Monetary Conduct Authority, which had opposed the agency’s earlier rescue plan in Could mentioned it doesn’t intend to go in opposition to the brand new enterprise rescue plan within the court docket listening to.

Post a Comment

Previous Post Next Post