Banking Crisis - Treasury Contents


Supplementary memorandum from HM Treasury

UK LENDING

  The TSC asked what percentage of UK lending in terms of businesses and household are covered by the banks supported by the recapitalisation scheme.

  The Bank of England publishes statistics relating to sterling lending to UK businesses and households, available at: http://www.bankofengland.co.uk/statistics/statistics.htm.

  Comparing this information with information in the banks' annual reports, HBOS, Lloyds TSB and RBS account for around 40% of lending to businesses in 2007 and 2008.

  The Council for Mortgage Lenders (CML) collects data on the largest UK mortgage lenders, and estimated market share. In 2007, HBOS, Lloyds TSB and RBS were among the 10 lenders with highest market share of the UK mortgage market (table reproduced below), with a combined market share of 34.4%.

GROSS MORTGAGE LENDING, IN YEAR
2007
Rank 2007Name of group £bnEstimated market share
1HBOS73.1 20.1%
2Abbey35.6 9.8%
3Nationwide BS33.9 9.3%
4Northern Rock29.5 8.1%
5Lloyds TSB29.4 8.1%
6Barclays23.0 6.3%
7The Royal Bank of Scotland 22.66.2%
8Bradford & Bingley 14.03.9%
9Alliance & Leicester 13.03.6%
10HSBC Bank10.1 2.8%
February 2009





 
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