Funding for Lending: Loans rise as scheme starts
3 December 2012 Last updated at 19:41 GMT
Lending to households and businesses increased slightly in the third quarter of the year as a new scheme began.
Banks took up £4.4bn in cheap funding from the Bank of England through the new Funding for Lending scheme.
However, overall, the banks have only increased their net lending by £496m and the major state-controlled lenders, RBS and Lloyds, lent less over the same period.
Hugh Pym reports.