Sentences with phrase «net lending»

Net lending by domestic banks rose only a bit in Q3.

Net lending also increased and remained positive, a feature of sector performance for 18 consecutive months now.

This will include consideration of both a major loan guarantee scheme and the use of net lending targets for the nationalised banks.

c. Urgent action to step up lending to SMEs through the imposition of net lending targets on semi state owned banks as in the Coalition Agreement, including consideration of whether it is necessary to split them in to good and bad banks, and further development of the Business Bank and Green Investment Bank.

Lord Oakeshott, the Liberal Democrat spokesman at the Treasury, said: «It is vital to the coalition agreement that all the banks agree to a target for net lending to SMEs this year as providing credit to these companies is critical for economic recovery.

Building societies and other mutual lenders continued to extend lending to UK homebuyers with net lending of # 1.1 billion in November, and # 12.1 billion in the first eleven months of 2013.

But other businesses have reacted by repaying existing loans, which is why net lending is down.

Today's figures from the Bank of England confirm that mutuals out - performed the rest of the market in the third quarter, doing more net lending but at the same time drawing down less from the scheme than other lenders.

The Bank of England announced that net lending fell by # 2.4 bn in the final quarter of last year compared with the previous three months.

Net lending by mutuals was positive for a seventh consecutive month.

The crisis has exacerbated this problem, with net lending to businesses down by # 4.5 bn in the last quarter of 2012.

Since the Funding for Lending Scheme started in the Summer of 2012, building societies and other mutual lenders have accounted for # 15.7 billion of net lending (to September 2013).

The lowest cost of funding, the 0.25 % Bank Rate, will be for banks that maintain or expand net lending to the economy and the BoE will charge a penalty rate if banks reduce net lending.

«RBS missed its lending target in the third quarter of last year and net lending to businesses by the country's banks fell in nine out of the last 12 months.»

Conversely, banks and other lenders have reduced their net lending by over # 12 billion but have drawn down over # 16 billion from the FLS pot.

Under his watch the economy has gone into reverse, net lending to businesses is falling and in the last three months over 4,000 companies went under — up 7.2 % in a year.

In the first eleven months of 2012 net lending by mutuals amounted to # 6.2 billion, out of # 7.2 billion across the market as a whole over this period.

Net lending by mutuals was positive for the sixth consecutive month.

Central to any settlement is a pledge by the big banks to lend about # 200bn to British companies this year and for a net lending target for SMEs — small - to medium - sized companies — which have been feeling the credit squeeze and high interest rates most acutely.