GB Bank is a new bank focused on one thing:
Getting Britain Building again.

Introducing GB Bank. A new bank that will proudly support property developers in regions of the UK which have been underserved.

Our Ambition

To lend £3 billion over the next 5 years

We will provide property development loans of between £1 million and £5 million to regional property developers, SMEs, and construction companies across the North East, Yorkshire and North West.

Our ambition is to lend £3 billion over five years, building a £1 billion plus balance sheet. This will enable us to fund almost 20,000 homes and several million square feet of office space, supporting the creation of over 100,000 jobs.

How will we make this happen? Through our highly competitive fixed rate savings bonds, giving savvy savers rates they’ll love for terms of up to five years.

Meeting a need

GROWING SME FUNDING GAP

LENDING TO SMES ACROSS THE UK HAS SHRUNK IN THE LAST 5 YEARS, MOST RAPIDLY IN THE REGIONS

LONGSTANDING UNDERSUPPLY OF HOUSING

ONLY c235K OF THE GOVERNMENT’S ANNUAL 300K HOUSEBUILDING TARGET IS MET

£166BN+

MARKET OPPORTUNITY

UNIQUE MARKET POSITION

AS A SPECIALIST LENDER IN DEVELOPMENT FINANCE

STRATEGIC DEALS

TO DELIVER THE 'LEVELLING UP' AGENDA AND ACCELERATE GROWTH

LED BY A POWERFUL COMBINATION

OF ENTREPRENEURS AND EXPERIENCED BANKERS

What we do

For too long, the property development finance market in the North has been underserved.

We are passionate about changing that and in doing so we believe we can make a real impact in the region.

We will support property developers in regions of the UK that have been forgotten about by addressing the shortage of funding required to level up and get Britain building again.

Our initial focus will be in the North East, Yorkshire and North West but we are determined to be a powerful force and make a tangible impact in property development in the UK.

The people with purpose

GB Bank is a bank with a purpose that every member of its team believes in. To bring economic prosperity and improve life chances in underserved UK regions. We are fuelled by a desire to make a difference. We want for our customers' lives to be improved when they bank with us; we picture a bank working at the heart of the community, together with its savers and borrowers to bring towns, cities and regions across Britain back to life.

As the UK recovers from the pandemic it is becoming even more important that we improve the provision of finance to small businesses. GB Bank is perfectly positioned to better serve regional developers who will help Britain build more homes and spaces and drive economic prosperity for all. Obtaining our provisional banking licence is real testament to what the team has delivered so far, and I believe with our experience and expertise we are strongly placed to bring about real change to this market”.

Paul Rippon

Accessing finance still remains a challenge for many developers and it’s our ambition to make that a much easier, more straightforward process. However, GBB’s purpose goes beyond lending money. Our team is passionate about supporting property developers in areas that have been forgotten about. We want to lead and support the movement to level up the North because by getting Britain building again, we will create more homes and spaces and drive economic prosperity for all."

Sue Hayes

Paul Rippon
Sue Hayes
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New homes to be delivered

£0m

Total investment to be secured

0

Jobs to be created

0kft2

Office space to be created

£0m

Direct lending to be provided

£0m

Council tax to be created

Note Illustrative impact in the North East of £385m of direct lending into the region Company research and estimates.