British Business Bank

(asked on 14th October 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what proportion of loans made by the British Business Bank and sourced from peer-to-peer platforms have defaulted.


This question was answered on 28th October 2019

Since 2014, the British Business Bank has invested over £2.18bn via peer-to-peer platforms, benefitting over 19,617 SMEs (as at March 2019).

The default rate in the British Business Bank’s peer-to-peer platform investments is commercially sensitive information.

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