In brief – Contributing to growth

We are committed to increasing lending to businesses. In 2011, we exceeded our commitments under the UK Government’s Project Merlin scheme by 13%, providing £14.7bn to SMEs. We raised over US$1 trillion in funding for institutions, including US$388bn for governments and public sector entities. In a difficult year for the Eurozone, we were the leading manager of bonds for the European Financial Stability Mechanism. We also help individuals to manage their money, and last year supported 10,000 people in buying their first home.

At a glance

  • US$1trillion

    funding raised for institutions

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  • £45bn

    Gross new lending
    to UK businesses

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