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In index rose 8.07 points - or 0.2 per cent - in the morning session, with the market reaching 4,238.09 points at 10:38 BST, Reuters reports.
Barclays, HSBC, Lloyds Banking Group and Royal Bank of Scotland rose by as much as 4.2 per cent, while mining firm Anglo American led the index having risen 5.9 per cent amid continued takeover speculation.
Other businesses operating in the sector, including Xstrata, Rio Tinto and Eurasian Natural Resources also climbed, however the declining price of crude oil led BP and Royal Dutch Shell to retreat.
Market strategist Joshua Raymond noted that stock market trading was "quiet".
"The FTSE 100 continued to trade sideways today with a significant lack of investor sentiment in either direction," he remarked, adding that the release of housing data later today may help boost investor interest.
