Banks: Loans

(asked on 24th January 2017) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, how many bank loans UK Export Finance protected by the NUTS 1 region in each year since 2009-10.


Answered by
Mark Garnier Portrait
Mark Garnier
Shadow Parliamentary Under Secretary (Energy Security and Net Zero)
This question was answered on 1st February 2017

UK Export Finance’s (UKEF) range of products work through guaranteeing banks (either loans, bonds or letters of credit), providing a loan directly, or through insurance. UKEF records information on the region of the exporter for its trade finance products introduced in 2011 which provide a guarantee to a bank. These products cover contract bonds, working capital loans and letters of credit. They exclude UKEF guaranteed buyer credits. The number of trade finance facilities guaranteed by UKEF are listed by NUTS 1 region in the table below.

NUTS 1 REGION

2011/12

2012/13

2013/14

2014/15

2015/16

2016/17

North East England

0

2

10

44

58

21

North West England

2

8

52

19

35

8

Yorkshire & Humber

2

6

9

17

10

7

East Midlands

0

7

14

14

46

21

West Midlands

2

5

39

13

18

16

East of England

0

8

20

23

37

16

Greater London

1

5

4

9

16

15

South East England

0

50

72

40

43

28

South West England

0

17

17

34

20

8

Wales

0

2

3

0

40

39

Scotland

5

7

16

23

16

20

Northern Ireland

0

0

0

1

4

5

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