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RBS Sets Aside £850M In PPI Compensation

The Royal Bank of Scotland has supported the British Bankers’ Association decision not to appeal a court ruling for mis-selling personal protection insurance.

May 11, 2011
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British Bankers Rail Against Higher Capital Rules

Marcus Agius, chairman of Barclays plc and Ana Patricia Botin, CEO of Santander UK, railed against higher capital requirements for banks at the British Bankers Association (BBA) international conference in London on Wednesday, arguing that the industry had already done a great deal to improve its risk profile.
ByNeil Sen
June 30, 2011
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U.K. Lending Slips Again

Mortgage lending in the U.K. slipped in April to its lowest level in two years, while lending to businesses also contracted, according to the British Bankers’ Association, reports Financial Times.

May 26, 2011
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U.K. Business Lending Falls Again

Lending to non-financial and private businesses in the U.K. fell in January, though sharply below the average amount for the preceding six months, according to the British Bankers Association, reports Financial Times.

February 25, 2011
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U.K. Mortgage Approvals Dip, Remortgages Rise

The number of mortgage approvals by U.K. retail banks were off 29% in January compared with a year earlier, while remortgages were up by a similar percentage, according to British Bankers Association, reports Mortgage Introducer.

February 24, 2011
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Net U.K. Major-Bank Mortgage Lending Plunges 43.5Pc

Net lending by major U.K. banks last year plunged 43.5% to its lowest level since June 1999, according to the British Bankers’ Association.

January 27, 2011
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