3rd June 2016

Banking activity in Northern Ireland – Q4 2015

The final quarter of last year saw the value of approved SME loans recover, so that, by approving 9 in 10 applications, new lending last year was 7% higher than in 2014.

Borrowing levels in the construction and real estate sectors continue to reduce, as those parts of the economy and their financing continues to re-structure.

Household deposits and borrowing levels remain stable.

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