Press Releases21/07/21

Recognise supports Professional Practice and Healthcare sectors with new hires

New sector specialists will target SMEs including architects, law firms, pharmacies and dentists. Recognise Bank has signalled its intention to provide the best lending support to the UK’s small and medium sized businesses by appointing two new industry sector specialists to lead the propositions. Robert Hulse joins Recognise from Shire Professional Funding as Head of Professional […]

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Press Releases14/07/21

Recognise bolsters presence in the North West

Recognise hires three new Business Development Managers in the region to support local SMEs with their lending needs Recognise Bank is reinforcing its presence in the North West with the appointment of three new Business Development Managers in the region. The move cements the importance of the North to the SME lender, which only opened […]

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Press Releases05/07/21

Recognise expands its team to support growth plans

Three new Business Development Managers have joined Recognise to focus on London and the Midlands. SME lender Recognise Bank has appointed three new Business Development Managers as it seeks to meet its ambitious growth plans across the UK. With a network of regional hubs offering personal service to smaller businesses and brokers, the new joiners […]

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Press Releases27/05/21

Almost a third of SMEs invest to make businesses safe for the summer

New research from Recognise Bank finds that nearly eight out of ten small businesses are confident of a summer boost in trade, but over a third are worried about the impact of continued social distancing. SMEs are increasing their investment in protective measures for both customers and staff as they remain cautiously optimistic that the […]

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Press Releases17/05/21

UK jobs boost as six out of ten SMEs plan to recruit

Latest SME report from Recognise finds that over a third of smaller firms are looking to hire full time staff, with financial services leading the way as 72% of SMEs in the sector plan to employ more people Britain’s small businesses are giving the economy a jobs boost as we head out of lockdown restrictions, […]

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Press Releases12/05/21

Recognise and Mambu provide UK SMEs with bespoke lending

Recognise has partnered with Mambu to implement its SaaS cloud banking platform to serve the UK’s SMEs. Recognise Bank, granted a banking licence in December 2020, is now providing the rapidly evolving SME business sector with a range of unique products in commercial property and working capital loans. The bank’s proposition is unique in that it is […]

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Press Releases12/04/21

Recognise appoints new Head of Savings and Payments

Recognise Bank, the UK’s newest SME Bank, is pleased to announce the appointment of Damian Trussler as Head of Savings and Payments. Damian will lead the launch of the Bank’s personal savings products once the full banking licence is granted and then also develop the suite of Business Savings accounts which will follow later in […]

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Press Releases06/04/21

Recognise appoints Arun Sohanta Regional Director for the West Midlands

Recognise Bank is pleased to announce the appointment of Arun Sohanta as Regional Director (West Midlands). Arun will be based out of Recognise’s regional hub in Birmingham. Arun has more than 15 years’ experience in banking and finance in the West Midlands, most recently as a Director of Acorn to Oaks, a specialist financial services […]

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Press Releases09/03/21

Two thirds of small businesses are confident of a summer boost

More than three quarters of hospitality firms are expecting a post lockdown revival to business But 45% of SMEs need to be Covid secure ahead of re-opening 14% will use their cash surplus to fund any investment required to open, while 13% hope to borrow from their bank More than two thirds of small companies […]

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Press Releases10/02/21

Recognise Implements nCino banking platform

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, has announced the go-live of the nCino Bank Operating System® with new SME banking entrant, Recognise, following the granting of its banking license in November 2020. SMEs in the UK supply 60% of jobs in the private sector and therefore have a significant […]

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Press Releases05/02/21

Recognise completes complex £4million loan in record time

Recognise Bank (“Recognise”), a subsidiary of City of London Group plc (AIM: CIN), and the UK’s newest SME bank, is pleased to announce that it has successfully completed a complex transaction that involved supporting a client with a £4m loan. The £4m loan will be used by a property investment and development firm to complete […]

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