Published by Global Banking and Finance Review
Posted on January 26, 2026
1 min readLast updated: January 26, 2026
Published by Global Banking and Finance Review
Posted on January 26, 2026
1 min readLast updated: January 26, 2026
UK banks have pledged $15 billion to aid firms in expanding internationally, with UK Export Finance providing loan guarantees.
LONDON, Jan 26 (Reuters) - Britain's five leading banks committed to lending 11 billion pounds ($15 billion) in total to help firms invest and expand into new international markets, the government said on Monday.
Lending will be drawn entirely from the banks' own balance sheets. The banks are NatWest, HSBC, Barclays, Lloyds and Santander.
UK Export Finance, the government’s export credit agency, will guarantee up to 80% of eligible loans issued by each bank.
($1 = 0.7308 pounds)
(Reporting by Sam Tabahriti; editing by William James)
A lending package refers to a set of financial resources provided by banks to businesses to support their growth and expansion, often with specific terms and conditions.
Business investment involves allocating resources, usually financial, to acquire assets or fund projects that are expected to generate a return or profit over time.
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