This is the firm’s view of the growth of the aggregate UK market for Loans/advances and Deposits across retail and wholesale. This relates to the UK market as a whole and not just the firm’s business and balances.
Detail of the projected balance is required both at the beginning of each projection period and at the end of each projection period. The projected balance at the end of the period should equal the starting balance of the consecutive projection year.
The growth of the business needs to be detailed by the gross new business and repayment within the projection period, with the difference equalling the net new business. Furthermore, details of the underlying annual market growth rate assumption need to be provided.
“Balance at beginning of period”, “Gross new business”, “Repayment or withdrawal” and “Net new business are only required for retail mortgages, wholesale loans, and deposits with the exception of current accounts.
Data is required for all scenarios and projection years.