This statistic shows the impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014. Of respondents, 67 percent reported that increased competition had resulted in lower margins for new loans. Further 53 percent reported lower fees to lenders as a result of alternative financing platforms operations.
Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014
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Deloitte. (January 27, 2015). Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/
Deloitte. "Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014." Chart. January 27, 2015. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/
Deloitte. (2015). Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/
Deloitte. "Impact of Increased Competition from Alternative Lenders on The Banking Sector in The United Kingdom (Uk) in 2014." Statista, Statista Inc., 27 Jan 2015, https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/
Deloitte, Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014 Statista, https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/ (last visited December 26, 2024)
Impact of increased competition from alternative lenders on the banking sector in the United Kingdom (UK) in 2014 [Graph], Deloitte, January 27, 2015. [Online]. Available: https://www.statista.com/statistics/472289/impact-of-increased-competition-from-alternative-lenders-united-kingdom/
