Founded in 2009, Aldermore Bank provides commercial finance, mortgages and savings to Britain’s small- and medium-sized enterprises (SMEs), homeowners and savers. Lending activities of Aldermore Bank is focused on asset finance, invoice finance, SME commercial mortgages, residential mortgages. The lending activities are supported by the deposits received from Britain’s savers. Aldermore Bank has no branch network and serves its customers online, by phone and face to face through 12 regional offices located around the United Kingdom.
Aldermore Bank Plc is the 39th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 10 467,40 mln GBP, providing the bank with the market share of 0.12%. In 2018 the bank's annual profit was 115,90 mln GBP.
Aldermore Bank Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Aldermore Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Aldermore Bank Plc is headquartered in London.
Aldermore Bank Plc is authorized and supervised by the Financial Conduct Authority (reference number 204503).