Milestone hit following a record-breaking year
Gatehouse Bank has announced that it has surpassed £1 billion in financed assets.
This milestone was achieved following pre-tax profits of £3.6 million in 2021 as income increased by 30% to a record £31.2 million from £23.9 million in 2020. Gross assets also grew by 24% to £1.03 billion from £825 million of the previous year.
Read more: Gatehouse Bank reports strong annual growth.
“As a Bank we are immensely proud to have reached this milestone in a relatively short period of time and during a volatile period for the global economy,” Charles Haresnape, chief executive at Gatehouse Bank, said. “Today’s announcement indicates the demand for ethical-led financial support is growing rapidly, as an increasing number of customers and investors re-evaluate their idea of ‘best practice.’
“We are more ambitious than ever to maintain sustainable growth and propel our product range to new heights. It’s this that will ensure we continue to support our record number of valued customers in the best possible way.”
