BoE: SME demand for credit to rebound in Q2

05 Apr 2013

The amount of credit available to UK corporate borrowers increased over the first quarter of the year, according to a report from the Bank of England published this week, although larger firms benefited from the increase far more than their SME counterparts. But while demand from SMEs fell over the period, this trend is expected to reverse sharply in the second quarter of the year.

According to the results of the Credit Conditions Survey of lenders for the first three months of the year, large non-financial corporates saw a big increase in the availability of credit, but there was little change for small and medium sized firms.

And lenders expect no big change to ...

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