28th Aug 2015 Back to top
27th Aug 2015 Back to top
26th Aug 2015 Back to top
  • Remortgaging hits four-year high, BBA figures say

    The BBA’s Chief Economist, Richard Woolhouse, and Research Analyst Aneta Dyakova explain what our latest High Street Banking Statistics say about the economy.

  • July 2015 figures for the high street banks

    Richard Woolhouse, Chief Economist at the BBA, said:

    “These figures show that thousands of us managed to tear ourselves away from the Ashes series to remortgage during July.

    “This was a 29% surge on 12 months before and the highest figure we’ve seen for four years. Savvy homeowners are snapping up competitive deals before an expected increase in interest rates.

    “There were concerns that new regulations had made applying for a mortgage more onerous. But remortgaging is still a straightforward process that can take even less time than Alastair Cook and his men took to beat Australia.”

19th Aug 2015 Back to top
14th Aug 2015 Back to top
  • Banking activity in Northern Ireland – Q1 2015

    There were 7% more SME loan approvals in Q1 than in the same quarter a year earlier. Representing an approval rate of 9 in 10 applications, the value of new lending was some 33% higher, reflecting higher average loan values.

    Borrowing stocks in the construction and real estate sectors continue to reduce, as a result of larger businesses repaying borrowing or using alternative finance, or debt being written-off or sold.

    Household deposits and borrowing remain fairly static.

7th Aug 2015 Back to top
4th Aug 2015 Back to top
  • Can banks satisfy the digital generation?

    Tim Franklin, an advisory board member at business process management company Firstsource Solutions, discusses the challenges for banks in a swiftly evolving digital world.