News in Numbers

The EBRD is expanding support for Ukrainian businesses by extending a risk-sharing facility to OTP Leasing, unlocking leasing finance during the war.

United Trust Bank reported strong 2024 results, with operating income up 7% to £165m and £86.4m profit. Lending rose to £1.9bn, driving 12% loan book growth to £3.5bn, supported by higher deposits.

FLA members provided a record £154.6bn in new lending in 2024, up 2% from 2023, spanning asset, consumer, and motor finance, with £39.7bn funding business investments in machinery, equipment, and vehicles.

Paragon Bank’s SME Lending division provided TSL Contractors with £2m to acquire an Airbus H125 helicopter for its Skyhook Helicopters brand, supporting operations in energy, infrastructure, construction, forestry, and agriculture.

UK-based Aldermore Bank has strengthened its partnership with Select Plant Hire by providing £2.9m ($3.67m) in asset finance for modular accommodation, which will support the TransPennine Rail upgrade between Leeds and Manchester.