Cambridge & Counties Bank gross new lending up 40% in 2020

The bank, which specialises in secured lending and deposit accounts for small and medium sized businesses (SMEs), saw total assets rise to £1.074bn, up from £1.004bn in 2019.

Cambridge & Counties Bank gross new lending up 40% in 2020

Specialist lender Cambridge & Counties Bank recorded a near 9% rise in loans and advances to customers in 2020, to £828m, while gross new lending increased by almost 40% across the year, to £220m.

 

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