This report presents the results of the 2023 Q4 survey. Lenders were asked to report changes in the three months to end-November 2023 (Q4), relative to the period between June and August (Q3), and expected changes in the three months to end-February 2024 (Q1), relative to the period between September and November. The survey was conducted between 20 November and 8 December 2023. Any impact on lenders’ expectations from developments occurring within this period may not be fully captured in the survey’s expected changes balances and any impact from more recent developments will not be captured at all.
The results are based on lenders’ own responses to the survey, and are reported as net percentage balances. The results do not necessarily reflect our views on credit conditions. You can read a full guide to interpreting the survey and copies of the questionnaires at the end of this page.