Bank North: Jam today
With Bank North having obtained its banking licence and progressing through its mobilisation period, this report updates investors on its rapid lending rollout – currently running better than plan in volumes, margins and loan to value (LTV). Further progress has been made, with recruitment, systems testing (including the savings product) and the risk management framework all moving the group forward out of its mobilisation period. The Series B capital raise is continuing, noting how some financials have been adversely affected by the Ukrainian crisis, while the valuations of others have risen. In this note, we highlight how Bank North’s characteristics are closest to those of the risers.
We are a rapidly growing, innovative corporate research & consultancy business, based in London, serving the needs of both public and private companies.
Our expert team of sector analysts and market professionals collectively have over 400 years of experience. This depth of knowledge and a reputation for integrity have built trust with investors. With effective communication and precision distribution, we help companies disseminate their investment message to interested investors, as well as advise them on strategy.
Our smaller, boutique structure allows us to provide first-class customer service and to deliver a wide range of ad-hoc services for multiple clients with different needs.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.