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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
Find out how we use our expertise to help customers in a range of specialist markets.
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.
Find out more about our business and how it has developed and performed during an unprecedented year.
Sustainability is central to our long-term success and it influences every aspect of our business
As part of Paragon’s ongoing commitment to ensuring that we are tackling barriers that ethnic minority groups face in recruitment and progression, we have signed up to Business in the Community’s Race at Work Charter.
Keep up-to-date with the latest new releases and insights from across our business.
Tailoring support for smaller housebuilders, whilst aiding their growth.
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.
Learn how a Paragon internship can help you gain work experience in your chosen field.
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.
187,000savings accounts(30 September 2020)
£29,000held in each account(30 September 2020)
4.3/5Feefo service rating(31 December 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.