Small business lending up 20% with Santander
Small business lending up 20% with Santander
Small businesses have reasons to be cheerful, with Santander about to add another 318 RBS banks to its UK portfolio they have announced that in the UK loans to small businesses had risen to 20% to £7.5bn but still this gives Santander a market share of only 3.2%
Considered as relatively new to the market even though they took over Abbey in 2004, they are regarded as a new competitor for the “big four” banks in the UK – RBS, Lloyds, HSBC & Barclays. They have added pressure to the market as new incumbent Metro Bank gives businesses a new option. Metro become the first new bank to open on high streets for more than a century.
| Print article | This entry was posted by admin on July 30, 2010 at 5:35 pm, and is filed under Business. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Small business loans row deepens over banks profits
about 1 month ago - No comments
Ministers have been urged to stop threatening banks over loans to small businesses. Andrew Tyrie the Conservative MP and chairman of the Commons Treasury Select Committee has stepped in to the row and said that banks should brace themselves for new criticism when they will reveal half year profits of around £10 billion. HSBC Have