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UK Finance’s report shows SME lending totalled £3.5bn in Q4 2023
The Q4 figure mirrors the lending amount of Q3, indicating a halt in downward trend that began in Q2 of 2022.
Starling Bank appoints Raman Bhatia as new group CEO
Bhatia will succeed Starling’s interim CEO John Mountain.
Praetura and Zodeq secure £200m securitisation facility from Barclays
The strategic move is set to significantly bolster support for SMEs throughout the UK.
Shire Leasing exceeds £200m in gross receivables
The company noted that its alliance with the British Business Bank, which began in 2014, has been instrumental in its recent performance.
Metro Bank appoints new corporate and commercial banking MD
In his new position, Andy Veares will oversee the bank’s corporate and small and medium enterprises (SME) customer segments.