Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many bounce back loans have been approved by (a) Ulster Bank, (b) Danske Bank, (c) Bank of Ireland and (d) AIB since the start of the Bounce Bank Loan Scheme.

The Bounce Back Loans Scheme (BBLS), launched on 4 May, helps the smallest businesses access loans of up to £50,000 within days.

HM Treasury carefully monitors the progress of the scheme, including by collecting data on applications and loans directly from accredited lenders. However, this data is commercially sensitive and provided in confidence by each lender, so cannot be disclosed publicly.

Since its launch, the scheme has seen over 464,000 loans worth a total value of over £14bn approved. HM Treasury is now regularly publishing the total number and value of loans approved under the scheme.