RE: RNS CONFIRMING IMMEDIATE RE START OF LENDING21 Sep 2020 12:32
They will restart when ready by end of year, there is no rush, let them quietly buy the bonds back and build the cash pile while sorting out old loan book and rearrange financing.
Waiting for the bulk of c19 to be over is the Best option, with everyone losing jobs, or income at threat you cannot predict someone’s income and would be opening yourself up to way way more issues and im sure the papers would have a field day with headlines such as “XX exploits the poor by profiteering with a new aggressive Advertising campaign during Covid”
This would be my concern, they are cleaning the old loan book and to restart a new one with Even “higher” High risk loans from day one would be A terrible idea, more patience Needed, it will come.