(RTTNews) - Thursday, a survey by the Bank of England showed that business lenders increased the availability of credit to households in the second quarter, and a net balance of lenders expect a further rise in the availability over the next quarter.

Unsecured credit availability to households decreased in the second quarter, and lenders expect a further small reduction in its availability over the next three months.

Corporate credit availability grew over the last three months, and lenders expect a further increase in the third quarter.

Meanwhile, demand for secured lending for house purchase increased over the second quarter, while the demand for secured lending for re-mortgaging declined further. Lenders expect the demand for secured lending to be broadly unchanged in the third quarter.

Demand for credit by private-non financial corporations remained broadly unchanged in the past three months, but a net balance of lenders expect an increase in demand from medium-sized companies over the third quarter.

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Posted in Categories: Economy, Releases, UK.

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