Besides the inherent folly in quoting a blog post as a counter for the central bank's own assertions of what the nature of the process is, the post you are quoting again doesn't lend any support to your claim "that at the individual bank level money is not "created."

The poster is correct in how the process works. This is the key part of the post that you are missing:

"So, when Bank A makes a loan, it debits the Loans Receivable account on its books. To makes its books balance, it creates (credits) a new liability account in the name of the borrower, no differently than if the borrower had made a cash deposit at the bank."


This is how money is created, at that instant. It IS done at the individual banks. Please, I encourage you to read the circular put out by the BoE. I have even quoted the section for you below. It is under the heading "Money Creation in Reality". The bolding emphasis was put there per the publication, not myself. They must also understand that there is a lot of misconceptions on this matter.



"Commercial banks create money, in the form of bank deposits,
by making new loans. When a bank makes a loan, for example
to someone taking out a mortgage to buy a house, it does not
typically do so by giving them thousands of pounds worth of
banknotes. Instead, it credits their bank account with a bank
deposit of the size of the mortgage. At that moment, new
money is created. For this reason, some economists have
referred to bank deposits as ‘fountain pen money’, created at
the stroke of bankers’ pens when they approve loans."