Have bank capital and liquidity requirements made it commercially unviable for banks to provide SMEs with growth capital? Peers to question bankers

At 10.10am on Wednesday 17 September, the House of Lords Financial Services Regulation Committee will hear evidence from:

• Nigel Terrington, Chief Executive Officer of Paragon Banking Group
• Mark Steele, Chief Risk Officer of OakNorth Bank.

They will be giving evidence to the committee's inquiry into the growth of private markets in the UK following regulatory capital and liquidity reforms introduced after the 2008 financial crisis.

This evidence session, which is open to the public, will be held in Committee Room 3 of the House of Lords and streamed live and on demand on Parliament TV.

Topics the committee is likely to cover in this session include:

• Trends within the small and medium sized bank lending landscape, and how well equipped these banks are to meet demand for credit for the real economy.
• The demand for finance from SMEs, and what credit products SMEs require.
• The impact of aggregate capital and liquidity requirements on banks' ability to lend to SMEs.
• The effect the risk weighting of assets has on the cost of lending to SMEs and for productive investment.