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July 2017

The latest news from Hampshire Trust Bank

As we negotiate our exit from the European Union, it is vital that the UK retains its position as a global leader in financial services. This is important not only for the banking industry itself but also the businesses and individuals that it serves, ensuring that we continue to be innovative, competitive and provide a wide range of services for companies and consumers alike.

With this in mind, it is positive that new trade body UK Finance has launched this month, bringing together a number of trade organisations and providing a unified voice for much of the UK financial services sector.

As CEO of a specialist bank that is focused on supporting UK SMEs, I am delighted to be representing the specialist banking sector on the Board of UK Finance and will work to ensure that our voice is heard by policymakers and regulators in the UK, EU and at a global level.

We will be working closely with the other groups represented by UK Finance to identify ways to better serve our customers, helping to drive industry-wide collaboration and continue to build customer trust.

The UK is experiencing prolonged political and economic uncertainty and we can play our part in banking to encourage and support business growth to ensure our economy moves forward. That is why we are here after all and that is why we believe that a united financial services trade body will prove beneficial for us all.

Mark Sismey-Durrant

Chief Executive Officer at Hampshire Trust Bank

View from the top

The outcome of the EU Referendum and the current uncertain economic and political environment is having an impact on SME savings balances and habits.

UK SME research

SMEs are saving 20% less than in the run up to the EU Referendum in 2016, with the average balance now standing at £446,000, according to our research.

IN THE NEWS

We are delighted to announce that our CEO, Mark Sismey-Durrant, has been appointed to the Board of new trade body UK Finance.

Case study

This article in Mortgage Introducer highlights a recent refinancing facility provided by our Commercial Mortgages team.

Global Banking & Finance Review cover our latest research on regional business savings habits.

Hire purchase and leasing finance for businesses and consumers via specialist independent introducers

Creative and customised relationship-based financing solutions for experienced property professionals

Short and long-term tailored mortgage lending for SMEs, trading businesses and investors

Straightforward and consistently competitive savings accounts, helping you get great value for your savings

Consistently competitive and transparent deposit accounts designed to help your organisation make the most of its surplus working capital

©2015 Hampshire Trust Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Our FRN number is 204601. We are a company registered in England and Wales, registration number 01311315. Registered office: 55 Bishopsgate, London EC2N 3AS. Hampshire Trust Bank, HTB and Hampshire Trust Bank shutter icon are registered trademarks of Hampshire Trust Bank Plc.