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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