Cambridge & Counties Bank has reported that its balance sheet has exceeded £1bn for the first time.
The specialist bank claimed that the growth of its balance sheet had been driven by lending to its core client base, including real estate investors, property developers and SMEs, primarily through brokers and intermediaries.
Cambridge & Counties Bank recently announced that lending through Real Property Finance Ltd had exceeded £100m.
“We have seen some of our competitors drop away from the market, but we remain resolute in helping UK businesses grow and invest through turbulent times,” said Simon Lindley, chief development officer at Cambridge & Counties Bank (pictured above).
“Looking ahead, we see continued strong demand for our value-added, customer-centric proposition and are forecasting continued lending and deposit growth in 2019.”
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