LONDON, 11 October 2022:Β OakNorth Bank β the UK bank for entrepreneurs by entrepreneurs βand ASK Partners (βASKβ), a specialist lender which has enabled over Β£1BN of lending through its fintech platform where institutional partners, family offices and high net worth individuals provide funding β have today announced a corporate transaction with regulatory approval whereby OakNorth […]
OakNorth Bank has today published its 2021 Annual Report, revealing a 73% increase in pre-tax profits to Β£134.5 million[1] (up from Β£77.6 million in 2020), and a 60% increase in new lending to Β£1.8 billion (up from Β£1.1 billion in 2020). By delivering this growth, OakNorth Bank deepened its support for UK businesses, powered by […]
Schuetz has over 30 yearsβ industry experience, as well as entrepreneurial experience, having started and scaled her own consultancy business; The business focused on advising senior executives at early stage financial and technology companies in Silicon Valley on strategy, funding and business development; Most recently she was COO for Group Retail Banking and Wealth Management […]
In 2020, the Bank lent Β£1.1B to the Missing Middle[1], supporting hundreds of businesses and helping to create and protect thousands of jobs; The new hires will see Dan Hewitt (formerly of Virgin Money) join Martin Williams in East Anglia, Tom Jessop (formerly of AIB) join the Debt Finance team in Manchester, and Matthew Gudgeon […]
Since its launch in September 2015, OakNorth Bank has lent over Β£5.1B to the Missing Middle[1], directly helping with the creation of over 22,500 new jobs and more than 17,600 new homes (the significant majority of which are affordable and social housing)[2]; In 2020, the Bank lent Β£1.1B to the Missing Middle, supporting hundreds of […]