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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
We use our specialist expertise to help our customers achieve their ambitions.
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.
Strong financial and operational performance for the quarter, full year guidance reconfirmed.
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing the progress we made in 2022 on key environmental, social and governance issues.
Keep up-to-date with the latest new releases and insights from across our business.
We examine the growth of the limited company landlord and the route to incorporation.
We understand how important our employees are to the business and, in recognition of this, we provide a variety of excellent reasons to work for us.
We offer a range of apprenticeship and internship positions to get people started on their career.
We want to keep employees informed and engaged in the progress of the business and we foster a range of initiatives to encourage and deepen involvement.
employee engagement1
Industry norm +24
employees participate in an active Sharesave scheme
Employee representatives from each area of the business attend the People Forum. It facilitates communication and dissemination of information throughout the Group and provides a means by which our employees can be consulted and provide feedback on matters affecting them.
The People Forum is designated as the primary channel through which the Board receives information on the views of the workforce and Non-Executive Directors regularly attend People Forum meetings to discuss certain topics.
Consultation with the People Forum has resulted in a number of improvements to employee benefits.
88% of employees believe the People Forum works effectively, according to our 2023 Employee Survey.
Regular employee surveys give us the opportunity to gather employee opinion on a wide range of topics, from the effectiveness of our leaders and our approach to customers to the success of our employee communication and development initiatives.
All employees receive regular information on the performance and plans of the company, and the financial and economic factors affecting it, through electronic information and presentations.
Our intranet site, The Hub, delivers a daily stream of Paragon-related business, culture and wellbeing news.
Regular conversations take place between each employee and their manager to reflect on performance, set future objectives and agree development needs.
We operate a Sharesave share option scheme and a profit-sharing scheme, both of which enable eligible employees to benefit from the performance of the business.
1. Paragon Employee Survey 2023
Paragon Banking Group PLC is a specialist finance provider. We offer a range of savings and lending products in the UK through Paragon Bank PLC.