Recognise pledges to pass on next Base Rate rise to Business 95 Day Notice savers
Recognise Bank has increased the rate on its Business 95 Day Notice Savings Account to 2.25% AER to match the current Bank of England Base Rate. But it’s support for hard pressed SMEs doesn’t end there. Recognise has also promised to pass on the next Bank Base Rate increase in full to Business 95 Day […]
Gavin Keyte joins Social Investment Business Board
Gavin Keyte, Head of Credit at Recognise Bank, has been appointed to the Board of the Social Investment Business. SIB supports charities and social enterprises to build stronger and fairer communities. It does this by offering funding and flexible, adaptive support to the organisations that make up the social economy, providing them with the tools […]
The Big Profile: Mark Ferguson
Mark Ferguson, our Deputy Chief Risk Officer, explains his role at the Bank and shares his advice for young people in business. Who are you? Mark Ferguson, Deputy Chief Risk Officer for Recognise Bank. Tell us how you got here? I’m a career banker. I started off working at TSB, which then became Lloyds TSB, […]
Helping a charity in its missions to generate funds for good causes
A UK based charity supporting different communities at home and across the globe wanted to acquire a retail site in the Midlands to generate funds to help fund its good works. Although the ultimate purpose of the loan was somewhat unusual, and the borrower wanted to complete within six weeks, Recognise Bank approached the application […]
Protecting your money from scams and fraud
We all need to be aware of criminals trying to steal our money or our personal data. Here’s Recognise Bank’s guide to helping you keep your money safe. At Recognise Bank, keeping your money safe is our priority, which is why we use technology to keep your money secure and have policies in place to […]
Recognise Bank Supports Automotive Business with Commercial Mortgage
10-year deal will be used to purchase the firm’s own premises. Recognise Bank has agreed a £555,000 commercial mortgage to help an automotive business purchase its own premises. Ralph & Co. Limited, which specialises in vehicle repairs and servicing, was looking for an enhanced loan-to-value (LTV) deal to acquire its existing trading and workshop site […]
Recognise Bank Boosts Interest Rate on Business Easy Access Savings Account
The Bank passes on the full Bank of England Base Rate Rise to Support Under Pressure SMEs. Recognise Bank has passed on the Bank of England’s 50bps interest rise in full to its Business Easy Access Savings customers in a move to help SMEs make the most of their cash during the current economic turmoil. […]
Recognise Bank Boosts Rates on Personal Savings Accounts
Interest Rates Increased on Current 35 Day Noticeand 95 Day Notice Savings Accounts. Recognise Bank has increased the rates on its current 35 Day Notice and 95 Day Notice Personal Savings Accounts. The 35 Day Notice Account now pays an interest rate of 1.25% AER, while the 95 Day Notice pays savers 2.20% AER. Announcing […]
Unlocking Value for SMEs with Open Banking
Open Banking has been talked about for many years, for both personal and business finance, but has it made any real difference? Adam Massias, Data Scientist at Recognise Bank, explains how it could be finally ushering in a quiet revolution for SMEs. Open Banking began life in 2016 when the Competition and Markets Authority (CMA) […]
Recognise Bank Hires Bridging Specialist
Andrew Keehner joins Recognise Bank as Relationship Manager to help shape and develop the lender’s bridging proposition SME lender Recognise Bank has appointed experienced BDM Andrew Keehner as its latest Relationship Manager, with a specific focus on bridging finance. Keehner joins Recognise Bank from specialist lender Catalyst Property Finance, but he has over 15 years […]
