BFS expands global headquarters in Banbury

Published on

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.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Pure Retirement targets introducer growth with new adviser marketing tools

Pure Retirement has launched a suite of introducer-focused resources aimed at helping advisers expand...

Latest publication

Other news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...