05/29/2023
Al Rayan Bank UK relocates headquarters to London’s West End
The new premises at No 4 Stratford Place, W1C, will serve as Al Rayan Bank's UK headquarters and registered head office.
Retail Banking
05/25/2023
Banca Ifis and the Mediobanca Group sign an industrial partnership in the NPL business
The partnership has a strong industrial rationale, as it strengthens Banca Ifis’s leadership position in the small ticket unsecured segment of the NPL loans market.
05/18/2023
LHV Banks extends maximum loan size to UK SMEs to £5 million
In addition to the Manchester office serving the North, LHV Bank plans to begin issuing loans in the South from its London headquarters.
05/18/2023
Rabobank raises savings account interest rate above 1 percent; First major Dutch bank
Higher interest rates at the ECB are reflected in the interest rates on savings and loans from banks.
05/16/2023
Natwest expands intermediary business development team
The change will bring more support and expertise on the phone, with the BDAs helping brokers get the information they need quickly.
05/09/2023
Why BNP, UniCredit and Other European Banks Aren’t Stressed Out
Financial institutions in Paris, Frankfurt, London and Milan aren’t seeing contagion from the US banking turmoil.
05/04/2023
Age UK calls on banks to accelerate roll out of shared banking hubs
The research also found that nearly a third of older people with a bank account (31 per cent) - equivalent to 3.25 million people[vi] - feel uncomfortable with online banking, despite its growing popularity in recent years.
05/04/2023
Lloyds Banking Group and Crisis announce new partnership
Together, Lloyds Banking Group and Crisis are calling for one million new genuinely affordable homes to be built and made available to those on the lowest incomes, with a focus on supporting people at risk of, and experiencing homelessness.
04/20/2023
imagin launches a collection of NFTs dealing with the challenge of collecting plastic from the ocean, for customers who deposit their paychecks directly
It is the first project in Europe that, through blockchain technology, demonstrates the impact of the involvement of end users in ESG initiatives.
04/20/2023
CaixaBank launches an interactive experience in the metaverse to raise awareness of taking better care of the environment
Through virtual reality, the bank intends to raise awareness of how to contribute to creating a cleaner and more sustainable world in a fun and educational way.
03/22/2023
How does a higher Euribor affect a variable-rate mortgage?
Variable-rate repayment also factors in a fixed rate known as the “spread”, plus the outstanding principal and the remaining term.
03/13/2023
Bank of London submits rescue bid for UK arm of Silicon Valley Bank
The Bank of London has confirmed an offer for SVB UK as start-up founders warned Jeremy Hunt that its collapse will "cripple" the British tech sector, Sky News learns.
03/06/2023
Lender to double Irish loans to €2bn
The lender recorded growth in loans to retail, dental and healthcare firms.
03/01/2023
UK challenger banks and specialist SME lenders overtake incumbents
The report reveals the smaller business asset finance market also reached a record level in 2022, with an increase in new business of 11% in 2022 to £22.1 billion.
02/28/2023
Danske Bank sells startup jobs platform
With more than 10,000 companies registered and 1,000+ jobs posted every month, TheHub is a success story.
02/24/2023
Lloyds Banking begins GBP2 billion share buyback programme with UBS
The buyback announcement had accompanied a cautious outlook for the year ahead on Wednesday, as Lloyds said it expects the benefits of rising interest rates on its net interest margin to begin fading.
02/23/2023
Lloyds Banking Group hits back at criticism over savings rates
Lloyds and other banks have been criticised for not offering competitive levels of interest rates for savers.
02/22/2023
Co-operative Bank front runner in Sainsbury’s loan book purchase bid
UK’s challenger lender Starling Bank, too, was previously interested in the mortgage book but has now backed out.
02/20/2023
Atom Bank makes London IPO intention clear
Atom raised significant funds last year, with a £75m round in February 2022 followed by a November boost of £30m.
02/09/2023
Dominant Russian lender Sberbank's profits rise 9.8% y/y in Jan
The bank, which serves nearly 107 million retail clients, returned to profitability in the latter half of the year, increasing its capital and capital adequacy and seeing growth in several areas of its business.