(The following press release from the British Bankers' Association was 
received by e-mail. The sender verified the statement.) 
BBA release SME lending data for 120 Postcode Areas 
Today the BBA is publishing data showing small and medium-sized business (SME) 
borrowing and saving, broken down by each of Britain’s 120 Postcode Areas. 
Using data from the main high street banks, these figures highlight for the 
first time the regional geography of SME borrowing and saving in Britain. 
The data shows that the  majority of regions are net depositors, with SMEs  in  
London, the South East, East Midlands, the East of England, Yorkshire & 
Humberside, the North East, the North West and Scotland  having more on deposit 
than they are borrowing.  
It also shows that the areas that need finance most are getting more funding.  
In all regions outside London, the South East and the East of England bank 
finance to SMEs is greater as a proportion of total lending than their regional 
share of SME turnover. For example, the South West accounts for 5 per cent of 
SME business activity in the UK but receives 11 per cent of SME lending, Wales 
accounts for 2 per cent of business activity and receives 5 per cent of SME 
lending and the North West accounts for 8 per cent of business activity but 
receives 11 per cent of SME lending.  
The UK’s main banks through the Business Finance Taskforce wanted to broaden 
the statistics on lending available with particular focus on publishing 
national and regional data on the provision of bank support to SMEs.  
The publication of regional data will provide greater transparency, helping the 
Government and businesses to understand the borrowing landscape for SMEs across 
the UK, thus contributing to better evidence-based policy making. 
Commenting, BBA Chief Executive Anthony Browne said: 
“This is the first time that figures have been published that set out the 
levels of borrowing undertaken by businesses across the country in each 
postcode area.  
“These figures show that from Aberdeen right down to Truro the UK’s banks are 
putting over £100 billion into the engine room of the economy, the SME sector.  
 Bank finance is supporting jobs and growth up and down the country.  Key 
growth regions, such as the North East and the North West, are receiving more 
bank finance than their relative size.  
“However, we know that in these difficult economic times many businesses are 
building up large cash reserves and paying down debts rather than take on more 
borrowing.  That is why the majority of regions are net depositors saving more 
money than they are borrowing. 
“The UK’s banks are working hard to restore business confidence through 
initiatives such as building a UK-wide network of business mentors, offering an 
independently-monitored appeals process for businesses whose borrowing 
applications have been declined, and working with alternative finance providers 
to provide access to different products.” 
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For more information, please contact the BBA press office on 0207 216 8989.
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