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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 31/03/17 (£mn)
Total of which net FLS Extension drawings
TOTAL 51,059 36,879
Aldermore 400 360
Arbuthnot Latham2 62 62
Bank of Cyprus 90 90
Bath Investment & Building Society 0 0
Cambridge & Counties Bank 2 2
Cambridge Building Society 85 60
Charter Court Financial Services 0 0
Close Brothers 245 245
Coventry Building Society 1,500 1,500
Cumberland Building Society 325 325
FirstRand Bank 79 79
Furness Building Society 30 0
Hinckley & Rugby Building Society 15 5
Investec Bank 350 350
Julian Hodge Bank 37 37
Kleinwort Benson 0 0
Leeds Building Society 200 200
Leek United Building Society 0 0
Lloyds Banking Group 30,100 23,100
Mansfield Building Society 28 10
Market Harborough Building Society 51 51
Metro Bank 563 393
Monmouthshire Building Society 0 0
Nationwide Building Society 4,750 0
Newbury Building Society 63 46
Nottingham Building Society 530 230
OneSavings Bank 525 525
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 56 40
Shawbrook Bank 126 101
Skipton Building Society 920 530
Teachers Building Society 16 5
Tesco Bank 160 160
United Trust Bank 18 18
Virgin Money 2,687 2,037
Yorkshire Building Society 2,900 2,900
Other participants3 578
 

 

1 More detailed data are available here. Data for the previous quarter 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

3 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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 2017 Publication dates (provisional)

 

​7 September 2017

7 December 2017