Regulatory Update

Basic Bank Accounts

Basic Bank Account Statistics are available from the links below.



Basic Bank Accounts - Quarter 4, 2009

29/06/2010

Meeting the original shared goal with HM Treasury, to halve the number of adults without bank account access, was not an end to the industry's financial inclusion work.


Basic bank accounts and financial inclusion 2nd quarter of 2009

28/10/2009

BBA figures show that 107,000 post office accessible accounts were opened in the second quarter of this year and 21,000 existing accounts upgraded.


Basic bank accounts and financial inclusion - final quarter of 2008

17/03/2009

Latest figures from the BBA show that another 142,000 post office accessible accounts were opened in the final quarter of last year and 19,000 existing accounts upgraded.


Basic bank accounts and financial inclusion - 3rd quarter of 2008

23/12/2008

Latest figures from the BBA reveal that banks are helping to provide an increasing number of people with access to financial services.


Basic bank accounts and financial inclusion - 2nd quarter of 2008

20/11/2008

BBA figures show that UK customers have more than 7.4 million 'basic functionality' accounts.


Basic bank accounts and financial inclusion - 4th quarter of 2007

02/03/2008

Latest figures from the BBA show more than 7.3 million 'basic functionality' accounts being used by UK customers as financial inclusion continues to improve.


Basic bank accounts & financial inclusion – Q3

06/12/2007

BBA figures show that there are over 7 million 'basic functionality' accounts being used by UK customers.


Basic bank accounts help "financially excluded"

09/10/2007

Britains banks are working together with the Government and voluntary organisations to produce fresh ideas on how to help the UK's financially excluded, the British Bankers' Association said today.


Financial inclusion continues

09/07/2007

Angela Knight CBE, chief executive of the BBA, said: "Banks continue to welcome customers and to offer a wide range of accounts to suit everyone."


Banks' commitment to financial inclusion

20/03/2007

The BBA continues to highlight the banking sector's commitment to increasing the number of consumers being provided with access to the financial system.


Banks' commitment to financial inclusion continues

16/11/2006

The BBA today highlights the banking sector's strong commitment to increasing the number of consumers being brought into the financial system.


1m basic bank account milestone reached

05/10/2006

The number of basic bank accounts opened since April 2003 for people who were previously unbanked has reached one million according to new data released by the BBA today


Basic bank account growth continues

23/06/2006

The first quarter of 2006 saw a net total (accounts opened less accounts closed) of 130,500 post office-accessible accounts opened and also 44,400 existing accounts upgraded to fuller featured accounts.


Basic bank accounts give customers confidence in handling their finances

13/03/2006

New research released today (Monday) shows that more than three-quarters (77 per cent) of active users of basic bank accounts feel that they are more confident in dealing with money as a result of opening the account.


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