Full Disclosure

The report provides the first detailed comparison with the US, where banks have disclosed detailed information since the mid-1970s. It shows how information revealed by the banks has been used to combat financial exclusion in some of the most deprived areas of the US, and has played a pivotal role in ensuring that over US$4.2 trillion of loans and credit reach people living in low income areas.

nef believes that bank disclosure in the UK could prompt a real shift in the way banks view, act in and invest in some of the UK's most disadvantaged areas.