Staff count rises to 200 as specialist lender reaches £1bn milestone

Cambridge & Counties Bank has broken through the £1bn lending barrier for the first time.

The news comes after the bank reported lending a company-record £323m last year.

Established ten years ago to the month, the Leicester-based specialist lender has also recently seen its staff numbers rise to 200.

Since establishing its presence in the East Midlands, the bank has opened offices in Sheffield, Bristol and London and developed a network of relationship managers stretching across England, Scotland and Wales.

CEO Donald Kerr said: “The world was a very different place when the bank was launched 10 years ago. But despite strong market competition and significant macro-economic challenges, we have continued to thrive because we understand the importance of remaining relevant to both our customers and broker partners.

“At the heart of our success are our dedicated employees and our celebrations will reflect the central role they play. And whilst we continue to invest in technology to underpin our service, we will continue to stick to what we know creates value and long-term growth: one-to-one relationships over the entire lifetime of a customer and to remain the bank of choice.”