GB Bank has announced that its balance sheet has surpassed £2 billion following a major capital injection of £90 million. The bank has experienced substantial growth, particularly in its property loan portfolio, which has exceeded £200 million within six months. With a focus on providing solution-driven funding to UK SMEs, GB Bank intends to expand its offerings and strengthen partnerships with non-bank lenders. CEO Mike Says emphasized their commitment to sustainable growth amidst a strong demand for flexible financing solutions.
This has been a period of rapid yet sustainable growth for the bank as we continue to tap significant demand for our fast, flexible financing solutions.
With the latest capital injection, this is set to increase, enabling the bank to further expand its client base and collaborate with customers on even more ambitious projects.
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