The future of the banking industry: opportunities and pitfalls | Financial Headwinds | Chapter Four

There is little doubt that the headwinds and complexities facing the banking industry are making raising funds through traditional methods increasingly difficult.
Retail and corporate lenders alike are grappling with a challenging environment in which to increase revenue. While all our contributors expressed caution when it comes to lending in the current market, the lending rates and conditions at the high street banks are perceived as tighter and stricter. The banks that we spoke to have “remained open for business”, as Adam Bovingdon, head of property development at UTB, put it, while “taking into account what some of these implications may have on future schemes that we’re funding”.
Find out more in our report on our website:
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A huge thank you to all our expert contributors to this report, who provided their time and expert knowledge. Ben Barbanel at ‪@OaknorthBankUK‬, Leo del Rosso at Commercial Acceptances, Adam Bovingdon at United Trust Bank, Ravi Gidar & Sukhi Gidar at ‪@goldcarehomes4288‬, and Sudhir Sharma at ‪@STATEBANKOFINDIAUK‬.