Gatehouse Bank has announced that it has surpassed £1 billion in financed assets.
This milestone is marked following pre-tax profits of £3.6m in 2021 and a record number of people opting to bank with Gatehouse.
2021 also saw income increase to record levels with a 30% increase to £31.2m (2020: 23.9m).
As a result, gross assets grew by 24% to £1.03bn (2020: £825m).
Charles Haresnape (pictured), CEO of Gatehouse Bank, said: “As a bank we are immensely proud to have reached this milestone in a relatively short period of time and during a volatile period for the global economy. Today’s announcement indicates the demand for ethical-led financial support is growing rapidly, as an increasing number of customers and investors re-evaluate their idea of ‘best practice’.
“We are more ambitious than ever to maintain sustainable growth and propel our product range to new heights. It’s this that will ensure we continue to support our record number of valued customers in the best possible way.”
