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eBay report names and shames banks

Nov 25, 2010   //   by paulgreen   //   SME News  //  No Comments

Despite assurances to the contrary, many of Britain’s high street banks still aren’t lending to SMEs – at least that’s one of the findings of eBay’s latest report.

The Online Business Index, eBay’s regular barometer of online firms, has investigated the relationship between banks and businesses, finding that one in three SMEs are still unable to access new finance from their banks.

The results are dire: all of the big four banks score poorly, with Santander the only bank to emerge with its reputation relatively intact on the issue of lending. In fact, the number of Santander customers claiming they are unable to access new finance stands at half the level of RBS.

Read full report and rankings here: http://realbusiness.co.uk/finance_and_banking/ebay_report_names_and_shames_banks

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