Tagged: fls

June 1, 2017 @ 12:07 pm By JD Alois  |  

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy than would have been the case in the absence of the plan.  The current Extension allows participants to… Read More

November 30, 2015 @ 10:54 am By JD Alois  |  

The Bank of England (BOE) announced the extension of the Funding for Lending Scheme (FLS) that was designed to provide easier access to capital for SMEs.  The BoE stated the program will provide lenders with continued certainty over the availability of cheap funding to support lending… Read More

May 28, 2015 @ 9:36 am By JD Alois  |  

The Bank of England has published the quarterly update on the Funding for Lending Scheme (FLS) for Q1 of 2015.  According to the report, net lending by FLS Extension participants to SMEs was £0.6bn in the first quarter of 2015. This compares with quarterly net… Read More

February 26, 2015 @ 9:15 am By JD Alois  |  

The Bank of England has released its most recent data on the Funding for Lending program, an initiative that is supposed to compel banks to lend to business.  According to the BOE figures, lending is in decline; “Net lending by FLS Extension participants to all… Read More

November 30, 2014 @ 5:27 pm By JD Alois  |  

The Bank of England has published its periodic report on lending and, once again lending to SME’s has declined.  Even as the Funding for Lending Scheme (FLS) added participants, net lending was slightly negative. The FLS is a stimulus program that was launched by the… Read More

August 28, 2014 @ 7:44 am By JD Alois  |  

The Bank of England has released data on the UK Funding for Lending Scheme (FLS), a governmental program created to boost lending. According to the report on 2014 Q2 data, “net lending by FLS Extension participants to small and medium-sized enterprises (SMEs) was slightly negative… Read More

May 29, 2014 @ 8:05 am By JD Alois  |  

The Bank has today published updated data on the use of the Funding for Lending Scheme (FLS). Today’s publication shows the net quarterly flows of lending to UK households and businesses eligible under the Scheme up to the second quarter of 2013. The aim of… Read More

March 9, 2013 @ 8:28 am By Scotsman  |  

Frustrated savers are ditching high street providers and turning in rapidly growing numbers to online lending after watching cash returns plunge in recent months. Peer-to-peer or social lending firms offering savings rates double those available from banks and building societies have reported surging demand as… Read More