Michael Goldstein, CEO of City of London Group, and Jason Oakley, CEO of Recognise, a UK SME challenger bank awaiting regulatory approval, explain the main challenges small and medium-sized enterprise (SMEs) face.
This is the time for Recognise to shine
In his latest blog, Recognise CEO Jason Oakley looks back at the past month and reflects upon what it means for the future of the bank and the SME sector. What an incredible month September was. After three and half years of hard work, Recognise Bank received its full authorisation with the removal of our deposit restrictions […]
Recognise Bank enters personal savings market
Recognise Bank launches a range of fixed rate and notice accounts as part of the bank’s mission to support the UK’s growing SMEs. Recognise Bank, one of the UK’s newest banks, has announced that it is entering the personal savings market with the launch of a range of fixed rate and notice accounts. Recognise Bank launched at […]
Recognise Bank hits “Magic Moment” as PRA removes deposit restrictions
The culmination of a three-year journey to create a bank to serve the UK’s SMEs, removal of deposit restrictions allows Recognise to offer personal and business savings accounts. Recognise Bank has today announced the removal of deposit restrictions by the PRA (Prudential Regulation Authority), making it one of only a handful of banks to receive full […]
