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 […]
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 […]
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 […]
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 […]
Recognise Bank agrees £2.6m Buy-to-Let deal
The Bank’s Professional Buy-to-Let loan was used to refinance a mixed residential unit Recognise Bank has agreed a £2.6 million refinance package for Caldew Court, a 35-unit mixed residential development in Carlisle, consisting of 15 two-storey three-bedroomed townhouses, 15 two-bedroomed apartments and five one-bedroomed apartments. The borrower, Wayne McKnight of McKnight and Son Builders Ltd, […]
Recognise Bank increases interest rates on all its variable rate savings accounts
Digital challenger bank increases rates by 25bps for personal and business savers Recognise Bank has increased the interest rate on all its variable rate personal and business savings accounts by 25 basis points. The increase applies to new and existing customers, including accounts no longer on sale. The interest rate increase means that the Recognise […]
Recognise Bank appoints Jean Murphy as CEO
Highly experienced in banking and capital markets, Jean will lead the small business bank as it accelerates its digital development Recognise Bank, the digital SME lender and savings bank, has appointed Jean Murphy as Chief Executive Officer (CEO). Jean brings over 25 years of experience of banking and capital markets for several leading global institutions. […]
Recognise Bank provides £670k loan for residential children’s home
Commercial mortgage used to purchase new premises Recognise Bank has agreed a £670,000 commercial mortgage for an experienced care home provider. The loan will enable the client, The Lewis Group, to purchase Bay Tree House in Gravesend, Kent, which will be used as a residential children’s home. The Lewis Groupwas introduced to Recognise Bank by […]
