Redwood Bank Limited

 (5.0; 2 ratings)
5.0 2
Business Focus
SME banking

Redwood Bank is focuces on providing transparent loans and savings accounts to local businesses, especially to small- and medium- sized enterprises.

Services

SME banking

Clients

SMEs
local businesses

Area Served

GBUnited Kingdom

Products

savings accounts

Financials

Total Assets of Redwood Bank Limited
Annual_profit of Redwood Bank Limited
Market Share of Redwood Bank Limited
Total Assets (2018)
138.33 mln GBP  (+387.15%)
Annual Profit (2018)
-3,805,978.00 GBP  (+13.90%)

Redwood Bank Limited is the 178th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 138,33 mln GBP, providing the bank with the market share of 0.00%. In 2018 the bank's annual profit was -3,81 mln GBP.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Redwood Bank Limited 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. Redwood Bank Limited is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

Broadway, Letchworth Garden City, SG6 3TA, Hertfordshire, United Kingdom
44 01462410046

Redwood Bank Limited is headquartered in Hertfordshire.

Bank Identifiers

Company Number
9872265
MFI ID
GB3132

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
755924

Redwood Bank Limited is authorized and supervised by the Financial Conduct Authority (reference number 755924).

Bank History

Start Date
November 2015

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