As of October 2024, monetary financial institutions (MFI) granted most of the lending to individuals in the United Kingdom (UK). Meanwhile, other non-bank lenders gave approximately 275 million British pounds worth of loans just in March 2024. During the past years, non-bank lenders have been increasing their market share. Non-MFI lenders also had a growing market share of the new consumer lending market in the UK.
Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization
(in million GBP)
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Bank of England. (December 15, 2024). Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization (in million GBP) [Graph]. In Statista. Retrieved January 20, 2025, from https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed
Bank of England. "Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization (in million GBP)." Chart. December 15, 2024. Statista. Accessed January 20, 2025. https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed
Bank of England. (2024). Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization (in million GBP). Statista. Statista Inc.. Accessed: January 20, 2025. https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed
Bank of England. "Outstanding Amounts of Lending to Individuals excluding Student Loans in The United Kingdom (Uk) from January 2006 to October 2024, by Type of Lending Organization (in Million Gbp)." Statista, Statista Inc., 15 Dec 2024, https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed
Bank of England, Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization (in million GBP) Statista, https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed (last visited January 20, 2025)
Outstanding amounts of lending to individuals excluding student loans in the United Kingdom (UK) from January 2006 to October 2024, by type of lending organization (in million GBP) [Graph], Bank of England, December 15, 2024. [Online]. Available: https://www.statista.com/statistics/1359412/outstanding-amounts-of-lending-to-individuals-uk-by-lender/?__sso_cookie_checker=failed