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Current Loans and Lending News Today UK banks miss 2011 target for lending to smaller firms but beat goal for total business loans LONDON - The Bank of England says that the U.K.'s five largest banks fell short of their target for lending to small and medium-sized businesses last year, but exceeded their goal for total business lending. Mon, 13 Feb 2012 03:35:04 -0800 Bank lending to SMEs falls short of targets in 2011 Lending to businesses by the five major UK banks exceeded targets in 2011, but loans to small- and medium-sized businesses (SMEs) came up short, according to the latest data from the Bank of England (BoE).... Mon, 13 Feb 2012 08:30:00 -0800 Ernst & Young warns lending to business to contract in 2012 Bank lending to business shrank in 2011 despite attempts by the government to push banks to lend more and is expected to contract further this year, according to Ernst & Young. Mon, 13 Feb 2012 13:08:18 -0800 Main Street Demand For Loans Remains Stable, While Banks Tightened Lending Standards Have Changed The Way They Do ... 67 WALL STREET, New York - February 13, 2012 - The Wall Street Transcript has just published its Southeast & Midwestern Banks Report offering a timely review of the sector to serious investors and industry ... Mon, 13 Feb 2012 07:54:00 -0800 Banks miss Project Merlin lending targets to small business • Lending to SMEs was £74.9bn, £1.1bn short of target • Contraction of £9.6bn in lending during 2011 • Loans repaid faster than new ones granted • Overall lending was £214.9bn, nearly £25bn above target • RBS adamant it has hit targets Bank lending to businesses contracted by £9.6bn in 2011, the Bank of England revealed on Monday as it confirmed that the high street banks had missed their target ... Mon, 13 Feb 2012 08:24:15 -0800 |
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