Debbie Roberts, Account Manager at software solutions firm Hitec Labs, explains the value of mitigating conduct risk.
BBA Policy Advisor Sam Mannion weighs up the arguments for changing the European Market Infrastructure Regulation’s reporting regime.
The BBA’s Chief Economist, Richard Woolhouse, and Research Analyst Aneta Dyakova explain what our latest High Street Banking Statistics say about the economy.
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.”
Stuart Palmer, CEO of charity Five Talents UK, explains how microfinance is helping to support individuals across Africa and Asia.
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.
BBA Director of Strategy and Digital Matthew Herbert observes how consumers are driving the boom in digital banking.
Financing Growth has been produced to help small to medium-sized businesses identify some of the different finance options that may be available to expand their business, including information, tips and Read More
Conduct risk is at the heart of many conversations taking place in firms this year. There is no official definition of conduct risk but broadly it refers matters such as Read More
Recently the European Commission concluded its review of EMIR, the market infrastructure regulation – or to give it its full title, Regulation (EU) No 648/2012 on OTC derivatives, central counterparties Read More