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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
Our purpose is to support the ambitions of the people and businesses of the UK by delivering specialist financial services.
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 new business flows, improving margins and capital strength
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing our progress on key environmental, social and governance issues.
Keep up-to-date with the latest new releases and insights from across our business.
An in-depth look at UK landlords and their lettings businesses.
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.
Paragon people share why they’re proud to be part of the team.
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.
200,000+savings customers(30 September 2021)
£29,500held in each account(30 September 2021)
4.6/5Feefo service rating(November 2021)
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.