This statistic presents the relationship of small and medium enterprises (SME) with their banks according to SME employers in the United Kingdom (UK) in 2014, broken down by the size of company. The companies reported generally very good relationships with their financial provider. This was most likely to be the case for medium-sized SMEs (47 percent), followed by small businesses (42 percent).
Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size
Characteristic
Very poor
Fairly poor
Neither poor nor good
Fairly good
Very good
Don't know
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Question was read as follows: 'How would you describe your business's relationship with its bank? Please answer on a scale of 1 to 5, where one signifies the relationship is very poor and 5 that it is very good.' Survey was conducted among small and medium businesses with employees.
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GOV.UK. (March 3, 2015). Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/
GOV.UK. "Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size." Chart. March 3, 2015. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/
GOV.UK. (2015). Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/
GOV.UK. "Small and Medium Businesses Relationship with Their Bank in The United Kingdom (Uk) as of 2014, by Company Size." Statista, Statista Inc., 3 Mar 2015, https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/
GOV.UK, Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size Statista, https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/ (last visited August 24, 2024)
Small and medium businesses relationship with their bank in the United Kingdom (UK) as of 2014, by company size [Graph], GOV.UK, March 3, 2015. [Online]. Available: https://www.statista.com/statistics/460307/small-and-medium-enterprises-relationship-with-their-financian-provider-uk/