Published by Global Banking & Finance Review®
Posted on December 24, 2025
1 min readLast updated: January 20, 2026
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Secure Trust Bank will sell its motor finance business to LCM Partners for $619 million, a strategic move in the UK finance market.
Dec 24 (Reuters) - Britain's Secure Trust Bank said on Wednesday it would sell its consumer vehicle finance business to funds managed by European investment fund manager LCM Partners for 458.6 million pounds ($619.48 million).
($1 = 0.7403 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Shilpi Majumdar)
Motor finance refers to the various financial products available to help consumers purchase vehicles, including loans, leases, and hire purchase agreements.
An investment fund is a pool of money collected from multiple investors to invest in securities like stocks, bonds, or other assets, managed by a professional fund manager.
A consumer vehicle finance business provides financial services to individuals looking to purchase or lease vehicles, often offering tailored financing solutions.
A financial community consists of individuals and organizations engaged in financial activities, including banking, investment, and economic development.
A central bank is a national institution that manages a country's currency, money supply, and interest rates, often overseeing the banking system and implementing monetary policy.
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