Aldermore delivers commercial finance, mortgages and savings to Britain’s small and medium-sized enterprises (SMEs), homeowners and savers.

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Founded in 2009, Aldermore is an SME-focused bank which operates with modern, scalable and legacy-free infrastructure. Aldermore has no branch network but serves its customers and intermediary partners online, by phone and in person from twelve regional offices around the UK.

Aldermore focuses on specialist lending across four areas: Asset Finance, Invoice Finance, SME Commercial Mortgages and Residential Mortgages. The lending business is supported by an online retail and SME deposit franchise.

At the end of December 2014, loans to customers stood at £4.8bn (FY 2013: £3.4bn), customer deposits totalled £4.5bn (FY 2013: £3.5bn) and the total capital ratio was 14.8%. Having broken-even after three years of trading, Aldermore continues to generate positive momentum, delivering a profit before tax for 2014 of £50.3m (2013: £25.7m) and a return on equity of 15.1% (2013: 11.6%) excluding IPO related pre-tax costs of £6.0m for 2014.

Aldermore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange.

Aldermore is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) and is registered under the Financial Services Compensation Scheme (FSCS).