Table 1 FLS data The table below includes all participating groups that had signed up to the scheme and certified their Base Stock of loans by 24/09/2012 FLS Group  Certified lending to UK households and PNFCs Aggregate outstanding FLS £ drawings £ Base Stock of loans as at 30/06/12  Quarterly net lending flow  Cumulative net lending since 30/06/2012  1,211,736  n/a  n/a  n/a  Aldermore  1,567  n/a  n/a  n/a  Barclays  181,020  n/a  n/a  n/a  Hinckley & Rugby Building Society  433  n/a  n/a  n/a  Ipswich Building Society  444  n/a  n/a  n/a  Kleinwort Benson  11  n/a  n/a  n/a  Leeds Building Society  7,567  n/a  n/a  n/a  Lloyds Banking Group  443,255  n/a  n/a  n/a  629  n/a  n/a  n/a  Nationwide Building Society  152,155  n/a  n/a  n/a  Principality Building Society  5,408  n/a  n/a  n/a  RBS Group  214,816  n/a  n/a  n/a  Santander  189,339  n/a  n/a  n/a  Virgin Money  15,093  n/a  n/a  n/a  TOTAL  Monmouthshire Building Society  The FLS measure of lending covers drawn sterling loans to households and private non-financial corporations (PNFCs) by the FLS Group, which includes all UK resident monetary financial institutions and related specialist mortgage lenders within a group.
François Villeroy de Galhau: The challenges of the euro area at the dawn of 2019 Speech by Mr François Villeroy de Galhau, Governor of the Bank of France, at a seminar at the Bank of Portugal, Lisbon, 22 February 2019. * * * Acccompanying slides of the speech. Ladies and Gentlemen, [meus caros amigos], It is a real pleasure to be with you in Lisbon – Cidade da Luz e Rainha do Mar [City of light and Queen of the Sea] – the first bridge between Europe and Asia thanks to the audacity of your descobridores [explorers]. And still today, your country is an inspiring example of economic recovery thanks to its courageous reforms. I wish to express my warmest thanks to my friend and colleague, Governor Carlos Costa, for his invitation. Before focusing on our challenges for 2019, let me start my speech on a more positive note, as this same year marks the 20th anniversary of the euro, and elaborate a bit on its success. I. The euro’s success was built on three principles that are now more vital than ever As to whether the euro has been a success, there are few among us today who would have any doubts. It is more interesting to look back on the reasons for this success, which, to my mind, was built on three founding principles: the Eurosystem’s mandate of maintaining price stability; the means employed to carry out this mandate, i.e. independence; and the spirit that drives its action – general European interest. 1.