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Recognise Bank completes £4.2m bridging loan for Hertfordshire co-living development

Recognise Bank has successfully completed a £4,225,000 commercial property bridging deal in Hertfordshire. The bridging facility will enable the client to seek revised planning permission for a major transformation of the site. Currently approved for a 124-bed hotel, the new plans involve developing an innovative co-living development comprised of over 300 units. This shift reflects […]

Steve Pateman
CHAIR OF THE BOARD

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.