Cambridge & Counties business bank saw gross new lending rise almost 50 per cent last year to £323 million.
The specialist bank said the figures reflected the work it was doing helping SMEs, entrepreneurs and real estate professionals capitalise on growth opportunities within the 海角视频.
The Leicester-based bank said gross customer loans and advances were up 18 per cent in its 2021 financial year to almost £1 billion while customer deposits closed the year 12 per cent up at more than £1 billion.
The business said its post-tax profit was up 65 per cent at £15.5 million while the number of employs was up by around 20 at 183.
Bank chairman Simon Moore said: “The pandemic has accelerated the pace of change in our industry.
“While uncertainty persists post-pandemic, including the Ukraine conflict, global supply chain disruption, and high inflation, we see customer demand remaining robust and opportunities continuing to emerge.
“We have the right strategy, business model and ambition to deliver on the bank’s potential.”
Chief executive Donald Kerr said the bank had continued to invest in 2022, making appointments in Scotland, the Midlands and the South East.
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He said: “While the pandemic remained a challenge for all of us in 2021, the 海角视频 economy improved, and the bank was well positioned to meet demand through our competitive products and client centred approach.
“Our valued relationship with brokers remains our focus and a key foundation of our growth.
“We are committed to realising the bank’s strategy: expanding our reach to service our customers and brokers, investing in our people and technology and, looking ahead, delivering an even richer service.
“We also saw significant success in our ESG [environmental, social, and governance] programme and our commitment to continuously improving our approach to sustainability and social responsibility.
“We will build on this further in 2022.”
Cambridge & Counties Bank is owned equally between Trinity Hall, a College of the University of Cambridge, and Cambridgeshire Local Government Pension Fund.
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