Bibby Financial Services (BFS) has announced the expansion of its global headquarters in Banbury, North Oxfordshire.

First moving to Banbury Business Park in 2016, BFS has now relocated its construction finance, trade finance and export finance divisions from Packington House, Horse Fair, to the refurbished Pembroke House offices in Adderbury.

David Postings, global chief executive of Bibby Financial Services, said: “We have long wanted to develop a global headquarters that would enable our operational teams and central support functions to work more closely, so I’m delighted that these plans have come to fruition.

“The expansion of our offices in Banbury reflect the business’s growth in recent years, and will undoubtedly help us to enhance the level of service for our clients, while increasing the well-being of our people.”

Victoria Prentis, Member of Parliament for North Oxfordshire, said: “We are very lucky to have a thriving economy with virtually no unemployment in our area. Bibby Financial Services’ decision to expand its global headquarters in Banbury sends a strong signal that North Oxfordshire is the place to do business. I am looking to visiting the new offices and meeting staff once they have settled in.”

In 2018, BFS was awarded 48th place in the Sunday Times Best Companies to Work For, the seventh time the business has featured in the top 100.

Over 300 employees have moved to the new 17,000 sq. ft. site.

Postings added: “Being a great place to work, attracting and retaining leading talent are a key elements of our success. Our expanded premises demonstrates our commitment to both our people and the Banbury area, and I look forward to welcoming our clients and business partners alike to Pembroke House over the coming months.”

Following a comprehensive fit-out, Pembroke House now includes Restaurant 1807, in reference to the year in which Liverpool entrepreneur, John Bibby, formed BFS’s parent company, the Bibby Line Group.