Brexit Prompts a Cautious Approach to Lending, Zopa CEO Says

Brexit Prompts a Cautious Approach to Lending, Zopa CEO Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the potential impacts of Brexit on the UK banking sector, particularly focusing on credit quality and lending practices. It highlights Zopa's cautious approach to lending, emphasizing their focus on borrowers with stable financial backgrounds. The discussion also covers various economic scenarios, including the effects of a no-deal Brexit on SMEs and the overall lending market. Despite uncertainties, Zopa continues to see strong demand from both borrowers and lenders, with a shift towards digital lending platforms.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of a no deal Brexit on the SME lending market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are consumers' borrowing behaviors changing in the current market?

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