SMEs bank account ownership in the United Kingdom (UK) 2014, by company size

The statistic presents the ownership of bank accounts by small and medium sized enterprises (SMEs) in the United Kingdom (UK) as of 2014, listed by business size. According to the survey responses, smaller businesses were most likely to use branch banking. Overall, 73 percent of SMEs without employees owned a business banking account in 2014.

United Kingdom: does the business have its own bank account or is it in the name of the owner?

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Source

Release date

January 2015

Region

United Kingdom

Survey time period

August 27 to September 19, 2014

Number of respondents

1,000 respondents

Special properties

business finance managers

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

Data was weighted by size, sector and age to match the profile of the businesses population.

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Statistics on "Small and medium enterprises financing in the United Kingdom"

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