Hampshire Trust Bank set for expansion with move to larger London HQ
Hampshire Trust Bank is set to move to new larger headquarters early next year to support its expansion plans.
The specialist bank is due to move from its current 7,500 sq ft London-based headquarters at 131 Finsbury Pavement, to a newly refurbished 21,000 sq ft office at 55 Bishopsgate in Q1 2017.
Hampshire Trust Bank recently reported significant growth in its first half results to 30 June 2016, announcing that headcount has increased to more than 100, a 25% rise in employee numbers at the end of 2015, with plans in the pipeline for further growth to meet business objectives.
Mark Sismey-Durrant, chief executive officer at Hampshire Trust Bank, said: “Next year’s move is a significant step in the journey of the bank.
“Our new headquarters will provide us with significant room for expansion and help us to continue on our strong growth trajectory.
“As we recently announced, we have transitioned into profit, we are now focused on building on this success and ensuring we are well positioned to make the most of future opportunities.”
Hampshire Trust Bank lends to UK businesses, providing asset finance, property finance and commercial mortgages. It also offers savings accounts to individuals and businesses.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success