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A Year in Review: Recognise Bank’s 2024 Lending

As we say goodbye to 2024, we’ve taken some time to reflect on our commitment to supporting SME business owners and property entrepreneurs through tailored lending solutions and have put together a selection of the successful deals we’ve completed in the last year that demonstrate the breadth of lending and our geographic reach. Complex deals, […]

A winning start to 2025 for Recognise Bank

Recognise Bank is pleased to start 2025 with news of a Double Gold win at the Moneynet 2025 Awards. The Bank has been awarded ‘Best Monthly Interest Savings Provider’ for the second year in a row. The Moneynet Personal Finance Awards celebrate the best in the market for their achievements throughout the year. Recognise Bank’s […]

Jean Murphy steps down as Recognise CEO

Recognise Bank has confirmed that outgoing Chief Executive Officer (CEO), Jean Murphy, will leave the business on 31st December 2024. Jean joined Recognise Bank as CEO in August 2022 and has led the Bank through a period of considerable change. Under her leadership, the Bank has achieved a number of significant milestones including de-listing from […]

Recognise Bank welcomes four new Independent Non-Executive Directors to its Board

Recognise Bank is pleased to announce the appointment of four new Independent Non-Executive Directors, effective 26th November 2024. Suzanne Clark, Greg Jones, Garry Stran and Alison Tattersall will join the Board, alongside Chairman Steve Pateman and CEO Simon Bateman (both subject to regulatory approval), and other existing Board members. The new Directors bring a wealth […]

A guide to fixed rate savings accounts

Welcome to our guide to fixed-rate savings accounts; an ideal solution for business and personal savers looking for stability and predictable returns on their investments. This guide covers the essentials relating to fixed-rate savings accounts, from how they function and the unique benefits they provide to some of the considerations you might weigh before committing […]

Short-term vs. long-term savings strategies for businesses

In today’s unpredictable business environment, having a strong savings plan is crucial for financial security and growth. Every company, regardless of its size, can face unexpected expenses, cash flow issues, or situations that require immediate capital. This article will explore the importance of both short-term and long-term savings strategies, plus discuss when each might be […]

Recognise Bank appoints Simon Wilson as CRO

Recognise Bank is pleased to announce the appointment of Simon Wilson as Chief Risk Officer (CRO), subject to regulatory approval. Simon joins the Bank from a global money service business, where he served as CEO designate for their UK banking start-up. With over two decades of experience in the UK and EU Banking sectors, Simon […]

Business bank accounts vs. business savings accounts: a quick guide

When it comes to managing your business finances, having the right bank accounts is crucial. Effective financial management is a cornerstone of any successful business. It ensures smooth day-to-day operations and provides a solid foundation for long-term growth. One crucial aspect of financial management is choosing the right banking product for your individual business’ needs. […]

A guide to easy access savings accounts

Welcome to our guide to easy access savings accounts; the flexible and versatile savings option for individuals and businesses seeking to grow their balances whilst keeping their funds readily available. This guide covers the essentials relating to easy access savings accounts, explaining their key features, benefits, and how they stack up against other options. We’ll […]

Recognise Bank announces £25 million investment 

Recognise Bank is pleased to announce that it has secured £25m in new capital from its majority shareholder, which will support the delivery of a 5 year financial plan. This latest investment brings the total raised by the Bank to over £120 million. The capital injection will fuel Recognise Bank’s continued growth and will provide […]

Steve Pateman

Steve has had an extensive executive career in banking, leading corporate and commercial banking businesses at RBS/NatWest, managing Santander’s UK banking businesses and as CEO of Shawbrook Bank, Hodge Banking Group and most recently successfully leading the banking licence application for StreamBank.

He is a non-executive Director at Bank of Ireland both in the UK and Dublin and Thin Cats, a specialist SME lending business and is retained as an advisor to Black Lion Ventures. He was previously President of the Chartered Banker Institute.

Steve took up the role of Chair (subject to regulatory approval) at Recognise Bank in November 2024, having served as an Investor Non-Executive Director since January 2024.