Leicester building society celebrates record £35m in lending

Earl Shilton Building Society (esbs) has unveiled its annual results, highlighting a record £35m in lending, 17% more than last year.

With branches in Earl Shilton and Barwell, the Society enjoyed a 10% growth in total assets while keeping profits on par with 2022/23.

Over the past two years, esbs has grown over 20%, surpassing the £180m asset mark for the first time.

The chief executive of esbs, Paul Tilley, has also decided to retire after a 40-year career and after 13 years of leading the firm.

He said: “As a business, we continue to balance the competing needs of savers and borrowers in a considered manner. I would like to take this opportunity to thank our members once again for their ongoing support, and for so readily using our products and services.

“This will be my last attendance at the AGM in July as chief executive, as I have decided after a 40-year career to retire later this year. It has been an honour and a privilege to lead the Society over the last 13 years. I continue to be delighted at the focus, commitment, professionalism, and collaborative approach that colleagues demonstrate every day to deliver good customer outcomes, and I would like to record my sincere personal thanks to everyone.”