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About Paragon Bank

At Paragon Bank PLC, we are proud to be a specialist lender and savings bank offering a range of products and services in the UK.

Our purpose is to support the ambitions of the people and the businesses of the UK by delivering specialist financial services.

Founded in 1985, we have a long and successful history and are part of the FTSE 250.

Over 1.5 million customer accounts serviced

Our people

Our people

We’re passionate and committed to our people. We aim to be an organisation that our employees are proud of, providing great training and development, invaluable experience and the chance to really make your mark!

Vision and values

Our vision and values

To become the UK’s leading specialist bank by helping our customers achieve their ambitions and be an organisation of which our employees are proud. Our company values reflect our vision and are at the heart of our business.


Our board

At Paragon, we pride ourselves on our experienced and long serving board.


Our awards

Over the years, we are proud to have won many industry and consumer awards and are delighted to share these achievements with you. Take a look at some of our impressive achievements so far…

Responsible Business Report

Doing the right things

We've produced our first responsible business report. We aim to show how sustainability is embedded across Paragon and the actions we’re taking in areas where we believe we can make the greatest impact.

Our community

We aim to be an energetic and valuable contributor to the communities in which we operate. Our commitment includes active involvement in a range of community volunteering and charity partnerships.

During the Covid-19 pandemic, we provided a £100,000 charitable donation across four different organisations to help them reach more people with their essential services during the pandemic.

Each year, our employees select a charity for a fundraising focus. In 2020, our employees raised over £43,000 for Macmillan Cancer Support.

Charity event
Local Charity

We also contribute to local charities throughout the year by way of single donations. In 2020, these contributions exceeded £38,000. Our main objective is to support those serving the communities in which we operate and in 2020, we helped a range of local schools, sports clubs, hospitals and hospices, as well as charities.

We also run a community volunteer scheme, in which every Paragon employee can take a day out each year to volunteer for specific initiatives that help with education and tackle poverty, and work alongside Business in the Community to target schemes in need of assistance.

Paragon, like many other financial services organisations, contributes to the Foundation for Credit Counselling which operates the StepChange Debt Charity. In 2020, we made a contribution of £1,100,000.

Our heritage

  • Record new lending to mortgage and business customers
  • Savings deposits exceed £9 billion
  • SME Lending win SME Specialist of The Year at Leasing World Awards
  • Savings win Best Multi-Channel Savings Provider at Savings Champion awards
  • Payment relief extended to customers during the pandemic
  • Coronavirus Business Interruption Loans and Bounce Back Loans introduced to support customer recovery
  • Savings deposits exceed £7.9 billion
  • Savings deposits exceed £6 billion
  • Specialist landlords account for almost 90% of all new buy-to-let lending
  • Commercial Lending portfolio increased by 28.1%
  • Asset Finance wins Best Specialist Finance Solutions Provider at the SME News Magazine's Legal Awards
  • Savings win Best Savings Provider for Existing Customers at the Savings Champion Awards
  • Savings win Best Monthly Interest Provider at the Moneynet Awards
  • Launched mortgages for expat landlords and holiday lets
  • Savings deposits reach £5 billion
  • Fiona Clutterbuck appointed as Chairman
  • Acquired development finance firm Titlestone, growing the Commercial Lending division
  • Savings wins Best Monthly Interest Provider at the Moneynet awards
  • Savings wins Best Long Term Fixed Rate Cash ISA Provider at the Savings Champion Awards
  • Launched our first Aviation finance products, growing the Commercial Lending division
  • Acquired legal finance firm Iceberg, growing the Commercial Lending division
  • Savings wins Best Savings Provider for Existing Customers at the Savings Champion Awards
  • Acquired brokers Premier Asset Finance, growing the Commercial Lending division
  • Acquired asset finance business Five Arrows Leasing Group, growing the Commercial Lending division
  • Savings wins Best New Savings Provider at the Moneynet Awards
  • Launched our Motor finance products, the first product under the Paragon Bank branding
  • Launched a range of fixed and tracker rate buy-to-let products, growing our Mortgages division
  • Bob Dench appointed as Chairman
  • Acquired Britannic Money, rebranding it as the Mortgage Trust
  • Acquired Universal Credit, expanding our activities in the consumer finance market
  • Nigel Terrington appointed as Chief Executive
  • Jon Perry appointed as Chairman
  • Joined London Stock exchange and became FTSE 250 listed
  • Launched our first mortgage product

Coronavirus - we are here to help and support you.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551