Shawbrook Bank
 | |
| Public | |
| Traded as | LSE: SHAW |
| Industry | Financial services |
| Founded | 2011 |
| Headquarters | Brentwood, England, UK |
Key people |
Sir George Mathewson (Chairman) Richard Pyman (CEO) |
| Products | Banking |
| Revenue | £102.7 million (2014)[1] |
| £45.3 million (2014)[1] | |
| £34.5 million (2014)[1] | |
| Website |
www |
Shawbrook Bank is a retail and commercial bank in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The bank launched in 2011 after private investors led by RBS Equity Finance, which was later spun off from the Royal Bank of Scotland Group and became Pollen Street Capital, bought Whiteaway Laidlaw Bank from the Manchester Building Society.[2] Whiteaway Laidlaw Bank rebranded as Shawbrook Bank in October 2011.[3] The bank was the subject of an initial public offering in April 2015.[4]
Operations
The bank offers loans to small and medium-sized businesses who are unable to obtain finance from the main commercial banks.[4]
References
- 1 2 3 "Annual Report". Shawbrook Bank. Retrieved 13 June 2015.
- ↑ "RBS deal for Whiteaway Laidlaw bank 'deeply worrying', says Chuka Umunna MP". The Telegraph. 1 February 2011. Retrieved 13 June 2015.
- ↑ "Whiteaway Laidlaw Bank rebrands to Shawbrook Bank". Motgage Strategy. 17 October 2011. Retrieved 5 October 2014.
- 1 2 "Challenger bank Shawbrook fetches £725m valuation on IPO". The Telegraph. 1 April 2015. Retrieved 13 June 2015.
External links
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