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August 2013 figures for the high street banks

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  • August 2013 figures for the high street banks

    Personal deposits have risen by almost 5.0% over the year to August.

    BBA statistics director, David Dooks said:
    “These figures suggest that consumer confidence is growing. For the first time in four years, annual growth in household borrowing on credit cards and personal loans has turned positive and mortgages approved for house purchase are also at their highest level since 2009.
    “Business borrowing, influenced by large corporates using alternative market funding, again contracted, but within that, SME borrowing is stable.”



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    Last edited by Amethyst; 24th September 2013, 23:59:PM.
    Tags: None

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