UK challenger bank Cambridge & Counties Bank has lent more than £350m (493m) to small and medium sized businesses since its launch in 2012. This is an increase of nearly £100m since the beginning of the year.
In 2014, the challenger bank – which is jointly owned by the University of Cambridge’s Trinity Hall and Cambridgeshire Local Government Pension Fund -saw its loan book grow by 126% year-on-year to £253m.
Go deeper with GlobalData
Asset finance is among the products that the challenger bank offers to its SME clients.
Cambridge & Counties Bank has also appointed Rachel Curtis-Bowen to its board of directors. Rachel joined Cambridge & Counties Bank prior to its launch in 2012 as head of marketing and has been promoted to executive director for customer experience.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
