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2019 Annual Report and Accounts

Despite the present economic and political uncertainties facing the UK, I am confident that the Group is well placed to respond to the challenges in its markets…

- Fiona Clutterbuck, Chair of the Board

Our strategy

Our strategy is to build a specialist bank for our customers, which delivers sustainable growth and shareholder returns through a low risk and robust model. We have five strategic priorities:



Focussing on building strong positions in our chosen markets



Developing our range of savings and lending products in existing and new markets



Seeking opportunities for growth, both organically and through acquisition

Capital Management

Capital management

Recycling capital to reinvest in the business and provide shareholder returns



Ensuring our operations have a positive effect on our stakeholders and communities with which we interact

Lending at a glance

Paragon’s operations are organised into three divisions – Mortgages, Commercial Lending and Idem Capital based on product type, origination and servicing.

Advances and investments

during the year ended 30 September 2019

£1.569 billion


£968 million

Commercial Lending

Net loan balances

at 30 September 2019

£10.34 billion


£1.45 billion

Commercial Lending

£390 million

Idem Capital

Paragon Banking Group PLC.  Registered in England number 2336032.  Registered office 51 Homer Road, Solihull, West Midlands  B91 3QJ.