Business: Loans

Treasury written question – answered on 3rd July 2012.

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Photo of Priti Patel Priti Patel Conservative, Witham

To ask the Chancellor of the Exchequer what estimate he has made of the number of (a) businesses and (b) small and medium-sized businesses in (i) Witham constituency and (ii) Essex which have received bank loans since the conclusion of the Merlin Agreement.

Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury

Banks do not publish lending data at this level of disaggregation. However banks do provide a range of information on lending and the geographical location of such lending. As part of the British Bankers Association (BBA) Better Finance Taskforce, the BBA committed to publishing an enhanced SME lending dataset that would include a regional breakdown. The first dataset was published on 20 March 2012 and will be published on a quarterly basis. The data include value of overdraft and loan balances, number and value of approved applications for new or increased loan and overdraft facilities, value of new or increased loans drawn down and value of loan repayments. These data can be found on the BBA website:

http://www.bba.org.uk/statistics/article/banks-support-for-smes-july-to-december-2011

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