UK bank lending to small firms rises in Q2 - BoE data
LONDON, Sept 3 (Reuters) - The Bank of England said net lending to small businesses by banks and building societies taking part in its Funding for Lending Scheme grew by 490 million pounds ($750 million) in the second quarter of 2015.
The biggest net lenders to small-and-medium enterprises during the period were Lloyds Banking Group (Other OTC: LLOBF - news) and challenger bank Aldermore, the data showed.
The biggest declines in lending to small firms came at Nationwide Building Society (LSE: CCDS.L - news) and Royal Bank of Scotland (LSE: RBS.L - news) ($1 = 0.6532 pounds) (Reporting by Matt Scuffham; Editing by Steve Slater)