In order to meet its monetary and financial stability objectives, it is important for the Bank of England to understand developments in monetary and credit conditions. The Bank of England first began conducting a formal Bank Liabilities Survey last year. This survey asks banks to describe developments in their financing – covering bank deposits made by households and companies as well as funding raised by banks in wholesale debt and equity markets. This information is useful because changes in the price, quantity and composition of banks’ liabilities may affect banks’ willingness or ability to lend, and the price of lending.
Published on
26 March 2013
Press release