July 2013 figures for the high street banks
Personal deposits have risen by 5.0% over the year to July.
BBA statistics director, David Dooks said:
“Mortgage activity has strengthened during 2013 with the help of Government schemes but high repayments and redemptions mean, however, that we are not seeing increases in net mortgage borrowing for the high street banks.
“Consumer credit growth rate has also risen this year but increased credit card borrowing has reduced the use of personal loans.”
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