Developments in lenders’ balance sheets are of key interest in our assessment of economic conditions. Changes in the price, quantity and composition of lenders’ funding may affect their willingness or ability to lend, and the price of lending. We use this quarterly survey of banks and building societies to improve our understanding of the role lenders’ liabilities and capital play in driving credit and monetary conditions. We ask lenders about the past three months and the coming three months. The survey covers developments in:
This report presents the results of the 2024 Q4 survey. Lenders were asked to report changes in the three months to end-November 2024 (Q4), relative to the period between June and August (Q3), and expected changes in the three months to end-February 2025 (Q1), relative to the period between September and November. The survey was conducted between 18 November and 6 December 2024. Any impact from more recent developments will therefore not be captured.
The results are based on lenders’ own responses to the survey, and are reported as net percentage balances. Changes in the balances are described as an ‘increase’ if greater than 10 in absolute terms, as ‘slight’ if between 5 and 10 and as ‘unchanged’ if less than 5. The results do not necessarily reflect our views on developments in bank liabilities. You can read a guide to interpreting the survey and copies of the questionnaires at the end of this page.