Press releases

Paragon Bank’s Motor Finance division has bolstered its sales team with the promotion of Chris Taroni to the role of Regional Sales Manager.

A quarter of Britons aged over 55 lack confidence in their current financial position and nearly half have experienced a reduction in their disposable income, Paragon Bank research has revealed.

Greater Manchester-based waste management specialists SED Services has expanded its operations with the acquisition of a state-of-the-art composting site, thanks to funding from Paragon Bank.

Paragon Bank has increased rates on its one and two-year fixed-rate ISAs, available from today. 

Tenant demand reported by landlords has reached an all-time, research conducted on behalf of Paragon Bank has found.

Paragon Bank has given savers a boost in the new tax year with the relaunch of its Triple Access ISA account, paying 3.35% AER.

A near net £40 billion flowed into fixed-rate savings accounts in the period between Jan 2 and April 9 as savers responded to higher rates.

London and Essex-based crane hire specialists DSM Contract Lifting Services has added over £1 million of assets to its fleet after securing financing from Paragon Bank.  

Paragon Bank’s Development Finance division has provided a £15.9 million funding package for the development of 78 environmentally friendly townhouses. 

More than two-thirds of over 55-year-olds are uncomfortable with the idea of a cashless society, despite over 80% admitting to using cash less frequently than five years ago.