India, April 17 -- UK lenders expect demand for secured lending to remain unchanged in the second quarter after rising in the first quarter, the Credit Conditions Survey from the Bank of England showed on Thursday.
Households' demand for unsecured lending is expected to rise in the second quarter, as seen in the first quarter.
Regarding demand for corporate lending, lenders said demand from small and medium-sized businesses are expected to remain unchanged but it is forecast to rise slightly for large businesses.
Banks reported that the availability of secured credit to households rose slightly in the three months to February and it will rise further over the coming three months. About unsecured credit to households, lenders said the ava...