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Home > Markets and Payments > Funding for Lending Scheme Extension - Usage and lending data
 

Funding for Lending Scheme Extension - Usage and lending data

The Bank publishes quarterly data showing, for each group participating in the Extension to the FLS, the amount borrowed from the Bank and the net quarterly flows of lending, broken down by relevant sector.  The provisional publication dates are available here.

The FLS aims to encourage more lending to the UK economy than would have been the case in the absence of the Scheme.  The Extension allows participants to borrow from the FLS until January 2018, with incentives to boost lending skewed towards small and medium sized enterprises (SMEs).

Usage and net lending data relating to the first part of the FLS can be found here.
 

FLS usage and lending data1

 
 
 FLS Group Aggregate outstanding FLS drawings as at 30/09/16 (£mn)
Total of which net FLS Extension drawings
 TOTAL 60,792 38,962
 Aldermore 900 415
 Arbuthnot Latham2 52 52
 Bank of Cyprus 0 0
 Bath Investment & Building Society 0 0
 Cambridge & Counties Bank 30 30
 Cambridge Building Society 85 60
 Charter Court Financial Services 293 293
 Close Brothers 451 451
 Coventry Building Society 2,400 1,500
 Cumberland Building Society 299 209
 FirstRand Bank 101 92
 Furness Building Society 30 0
 Hinckley & Rugby Building Society 30 10
 Investec Bank 350 350
 Julian Hodge Bank 55 37
 Kleinwort Benson 0 0
 Leeds Building Society 450 450
 Leek United Building Society 0 0
 Lloyds Banking Group 32,100 23,100
 Mansfield Building Society 31 10
 Market Harborough Building Society 68 68
 Metro Bank 1,015 550
 Monmouthshire Building Society 0 0
 Nationwide Building Society 8,000 0
 Newbury Building Society 65 46
 Nottingham Building Society 530 230
 OneSavings Bank 576 576
 Paragon Bank 109 109
 Progressive Building Society 0 0
 RBS Group 0 0
 Saffron Building Society 25 25
 Sainsbury's Bank 260 110
 Santander 3,175 3,175
 Secure Trust Bank2 46 30
 Shawbrook Bank 457 432
 Skipton Building Society 980 530
 Teachers Building Society 18 5
 Tesco Bank 489 470
 United Trust Bank 11 11
 Virgin Money 3,197 2,037
 Yorkshire Building Society 3,500 3,500
 Other participants3 615  
  
1 More detailed data are available here. Note that data may not sum to the total due to rounding. Data may be subject to revisions.  Note that, with the exception of any ‘New Groups’ that join the scheme, participants do not report data on lending beyond end-2015.  Hence the lending data (and associated borrowing allowance data) in the linked spreadsheet will only change as a result of revisions to previous data, or to reflect new participants that have joined the scheme.  
2 Following a reduction in Arbuthnot Banking Group's shareholding in Secure Trust Bank Plc in 2016, the two entities are now treated as separate FLS Groups, having previously been treated as a single FLS Group
Includes all FLS participants that are not part of the current extension.
 
Related data

The Bank publishes an aggregate measure of lending to UK-resident households and PNFCs by all UK-resident monetary financial institutions and related specialist mortgage lenders using the same definitions as the FLS measure. This is available via the Bank’s Statistical Interactive Database, updated monthly on the same day as the Bankstats (Monetary & Financial Statistics) publication.
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