As part of its mission to maintain monetary stability and financial stability, the Bank needs to understand trends and developments in credit conditions. This quarterly survey of bank and building society lenders is an input to this work. Lenders are asked about the past three months and the coming three months. The survey covers secured and unsecured lending to households; and lending to non-financial corporations, small businesses, and to non-bank financial firms. Along with various data sources and discussions between the major UK lenders and Bank staff, this survey serves as an input into the quarterly Credit Conditions Review publication which presents the Bank of England’s assessment of the latest developments in bank funding, and household and corporate credit conditions.
This report presents the results of the 2015 Q4 survey. The 2015 Q4 survey was conducted between 23 November and 11 December 2015.