Loan write-offs by banks in the UK 2024, by currency| ��ƽ��

Quarterly lending write-offs by financial institutions in United Kingdom (UK) from 3rd quarter 2013 to 3rd quarter 2024, by currency (in million GBP)

Characteristic	In British pounds	In foreign currency
Q3 2024	576	52
Q2 2024	597	35
Q1 2024	646	40
Q4 2023	967	35
Q3 2023	737	46
Q2 2023	703	99
Q1 2023	734	93
Q4 2022	980	101
Q3 2022	774	22
Q2 2022	601	83
Q1 2022	773	87
Q4 2021	902	127
Q3 2021	982	108
Q2 2021	958	75
Q1 2021	1,042	27
Q4 2020	960	262
Q3 2020	940	291
Q2 2020	851	17
Q1 2020	1,021	31
Q4 2019	1,459	238
Q3 2019	1,111	137
Q2 2019	1,166	51
Q1 2019	1,260	38
Q4 2018	1,004	181
Q3 2018	1,094	126
Q2 2018	1,049	146
Q1 2018	1,076	98
Q4 2017	928	271
Q3 2017	816	50
Q2 2017	955	162
Q1 2017	1,021	161
Q4 2016	1,191	325
Q3 2016	1,434	218
Q2 2016	1,266	97
Q1 2016	1,091	135
Q4 2015	1,721	374
Q3 2015	1,478	308
Q2 2015	1,399	501
Q1 2015	1,680	365
Q4 2014	3,638	2,058
Q3 2014	1,879	960
Q2 2014	1,594	1,015
Q1 2014	2,749	847
Q4 2013	2,533	2,395
Q3 2013	2,573	2,117
Q2 2013	2,328	723

Download

Source

Show detailed source information?

Already a member?

Source

Release date

January 2025

More information

Region

United Kingdom

Survey time period

3rd quarter 2013 to 3rd quarter 2024

Supplementary notes

Not seasonally adjusted.
Date of access is release date.

Citation formats

The total value of loan write-offs in the United Kingdom (UK) was over half a billion British pounds as of the third quarter of 2024. Most of that amount corresponded to loan write-offs by UK financial monetary financial institutions in British pounds, but there were also 52 million British pounds of loans in foreign currency written off. The highest value recorded during the observed period was during the fourth quarter of 2014.