The originations for the asset finance business rose by 136% last year, making it the fastest growing division in the bank, both in business volume and headcount. The bank will continue to build upon this success by expanding its team, making investments in technology and also developing new, innovative products. UTB also announced that it will transact more higher value loans, up to £2.5m.
Towards the end of 2021, UTB recruited Mark Stokes into the new role of chief commercial officer. Stokes has over 20 years’ experience at executive committee level – including work with Lloyds Bank, RBS, Black Horse and Chartered Trust – and joins UTB from his previous role as managing director at Metro Bank – commercial banking. from CMB https://commercial-mortgages-broker.co.uk/buy-to-let-news/united-trust-banks-asset-finance-division-achieves-a-record-high/ from https://commercialmortgages2.tumblr.com/post/674466586485194753
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