Скачать или смотреть An interview with Recognise Bank CEO Jason Oakley

Recognise Bank aims to underwrite around £250m in new loans by this time next year, revealed its CEO, Jason Oakley in a filmed interview with B&C.

In November 2020, Recognise Financial Services was granted authorisation with restriction to become Recognise Bank.

It announced it would begin selective unregulated lending during its soft-launch phase, where it is lending its own capital, before gearing up to full operational activity in H1 2021.

Recognise Bank has initially launched with products for bridging, commercial property, and working capital loans for SMEs, commercial property owners, and professional practices.

Once it removes its deposit restriction — which it is on track to do so in Q2 — it will also introduce a professional BTL offering.