Key commercial banking figures:
· HSBC provided £15.1 billion of gross new lending to UK businesses, an increase of circa 5% (£700m) compared to the same period for 2011.
· £6.3 billion of gross new lending was provided to Small and Medium-sized Enterprises (SMEs), an 8% year-on-year increase, whilst approving more than 81% of all small business lending applications.
· Commercial customer deposits increased by more than 17% year on year. With UK businesses depositing an additional £4.4 billion with HSBC since December 2011.
· £2.7 billion of HSBC’s £4 billion International SME Fund has already been made available to UK businesses that trade or aspire to trade internationally – over 30% ahead of plan.
Key mortgage lending figures:
· £10.6 billion of UK mortgages approved in H1 2012 (up 16%)
· Net mortgage lending of £2.4 billion in H1 2012
· Funding for UK mortgages increased from £15 billion, to £17 billion for 2012
· Additional £1 billion allocated for first time buyer (FTB) loans, total now £4 billion
· Approvals to FTBs £2.7 billion (H1 12), vs £2.1 billion in H1 11
· Mortgage balances £71.5 billion at H1 2012, up from £69.1 billion at the end of H2 2011
· HSBC helped almost 100,000 customers finance their homes in H1 2012