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The Bank of England says that no entity needs to strengthen its position

The British banking system is resistant to a recession and no UK entity needs to reinforce its capital, the Bank of England said today.

London, Nov 28 (EFE) .- The British banking system is resistant to a recession and no UK entity needs to reinforce its capital, the Bank said today. England.

In disclosing the stress tests, the bank said that the seven evaluated entities are in a position of strength in the face of simultaneous recessions in the United Kingdom and global economies.

This is the fourth time that the Bank of England has tested the country's main banks since the 2007-09 financial crisis and forced the government Labor at that time to rescue some entities, mainly the Royal Bank of Scotland (RBS).

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