Hello.
We’re Recognise Bank.

Our vision is to be the UK’s best business bank, offering customised lending and savings solutions.

Our mission

Fuelling financial success for businesses

Our story

Recognise Bank was founded in 2017 by experienced business owners who recognised the disconnect between traditional business banking and the needs of modern SMEs.

We were frustrated with the lack of understanding, certainty and flexibility offered within the industry. In short, we believed that we could build a better bank. And so, we did.

We received our banking licence in 2021 and quickly grew our community of loyal business customers, with the help of our dedicated, diverse and expert team.

Recognising our customers is at the heart of what we do. We offer a range of flexible lending products and secure FSCS protected savings accounts with competitive interest rates.

SMEs. We recognise you.

Our values and behaviours

Recognition

We celebrate milestones and successes. We are building a culture of appreciation.

Empowerment

We encourage individuals to take ownership. We harness collective knowledge.

Authentic

We bring our 'true selves' to work. We are open, honest and transparent.

Customer focused

We actively listen and respond to customer needs. We always act in good faith.

Teamwork

We embrace diversity and respect others' individuality. We foster a collaborative environment.

Mixing the best of old and new

Relationship-led

Our people are one of the main reasons our partners, brokers and customers tell us they love us. We missed the days of strong, long lasting relationships between banks and their business customers. And so, we decided to bring them back. Our dedicated relationship managers are central to our business and always on hand to help.

Digitally powered

We use innovative technology and agile working methodologies to bring our customers new products and services at speed. With no need to travel to a branch, or fill out mountains of paperwork, opening an account or applying for a loan is a quick and simple process.

You may also be interested in

Keep up to date with recent press releases and business updates.
Introducing our Executive Team and Board of Directors.
View our latest vacancies and start your career at Recognise Bank.

You heard it here first

Keep up to date with our latest products, services and news by subscribing to our mailing list.

Can't find what you're looking for?

Check out our FAQs or contact us for additional support.
Steve Pateman

Steve has had an extensive executive career in banking leading corporate and commercial banking businesses at RBS/NatWest, managing Santander’s UK banking businesses and as CEO of Shawbrook Bank, Hodge Banking Group and most recently successfully leading the banking licence application for StreamBank.

He is a non-executive Director at Bank of Ireland both in the UK and Dublin and Thin Cats, a specialist SME lending business and is retained as an advisor to Black Lion Ventures. He was previously President of the Chartered Banker Institute.

Steve took up the role of Chair (subject to regulatory approval) at Recognise Bank in November 2024, having served as an Investor Non-Executive Director since January 2024.