|
answer text |
<p>In July 2013 the Government announced that it had reached an agreement with the
major UK banks to publish lending data across 10,000 individual postcodes.</p><p>
</p><p>The first dataset was published in December 2013 and shows the outstanding
stock of lending that has been committed to customers across three categories; loans
and overdrafts to SMEs, mortgages and unsecured personal loans (excluding credit cards).</p><p>
</p><p> </p><p>The data will allow challenger banks, smaller building societies, credit
unions and community development finance institutions (CDFIs) to find areas where
there is a lack of lending so they can offer finance to those customers who are crying
out for support to help their business grow.</p>
|
|