Corporate

Corporate

OakNorth Bank acquires stake in ASK Partners to deepen its support for UK housebuilders and property entrepreneurs

Tuesday October 11th, 2022

LONDON, 11 October 2022:Β OakNorth Bank – the UK bank for entrepreneurs by entrepreneurs –and ASK Partners (β€œASK”), 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 – have today announced a corporate transaction with regulatory approval whereby OakNorth […]

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About OakNorth Bank

OakNorth Bank sees exceptional growth in 2021 with pre-tax profits up by 73% to Β£134.5mn

Wednesday March 30th, 2022

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 […]

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Corporate

OakNorth Bank boosts Board with appointment of Carolyn Schuetz as a Non-Executive Director

Tuesday July 20th, 2021

Schuetz has over 30 years’ 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 […]

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Corporate

OakNorth Bank strengthens its lending teams across the UK with new hires in the North West, Yorkshire and East Anglia

Friday April 16th, 2021

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 […]

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Corporate

Despite the ongoing challenges of COVID-19, OakNorth Bank lent Β£1.1B to the Missing Middle in 2020 and saw pre-tax profits increase to Β£78M

Monday March 22nd, 2021

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 […]

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Corporate

Lending to the β€œMissing Middle” – the forgotten middle child of banking

Friday January 22nd, 2021


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