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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."
Our business is organised into three lending divisions, Mortgage Lending, Commercial Lending and Idem Capital. Funding comes from a range of different sources, with the majority of new lending funded by savings deposits.
Paragon’s principal source of funding for new lending is our range of savings products offered to UK households. Other funding for lending is derived from the efficient use of the Bank of England funding schemes, while securitisation continues to fund much of the historic mortgage book and is used tactically. Central funding is provided through corporate and retail bonds.
Paragon Bank offers a range of safe, simple and transparent Easy Access, ISA, Notice and Fixed Term savings accounts. Our regular survey of new savings customers demonstrates a high level of satisfaction with our products and our online application process.
Online distribution has been augmented by the addition of digital banking and wealth management platform relationships.
180,000+savings accounts(30 September 2019)
£29,000held in each account(30 September 2019)
4.3/5Feefo service rating(30 September 2020)
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.