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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
See an overview of our operations, strategy and performance highlights over the last five years.
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.
Read about our progress against our strategy and achievements throughout the year in our 2019 Annual Report and Accounts.
Sustainability is central to our long-term success and it influences every aspect of our business
Find out how we’ve been helping customers, keeping safe and supporting our communities.
Keep up-to-date with the latest new releases and insights from across our business.
Millions of people call the Private Rented Sector home, but who are these tenants, why do they rent and how long do they intend to rent a home for?
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.
"The placement year has given me experience to complement my academic studies and the opportunity to test my skills in the real world."
We recognise the benefit of keeping employees informed of the progress of the business and foster a range of initiatives to encourage and deepen involvement.
next in-depth employee engagement survey
employee check-in survey
increase in intranet engagement 2020 year to date
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 employees can be consulted and provide feedback on matters affecting them.
The purpose of the People Forum is:
The People Forum is the designated channel for communicating employee views to the Board in line with the 2018 UK Corporate Governance Code.
The People Forum has direct contact with the Board, including regular meetings with the non-executive directors.
The People Forum championed an initiative to cut waste by eliminating single-use, plastic cups at all locations and providing each employee with a reusable water bottle instead.
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.
Employee appraisals are centred around a conversation between each employee and their manager, reflecting on past performance, setting future objectives and agreeing 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.
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.