Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


United Trust Bank (UTB) has reported a 36% increase in profits before tax to £20.7m for the year ending the 31st December 2016.

 The specialist bank increased its loan book by 42% to £617m, operating income rose 29% to £40.8m and customer deposits grew by 46% to £664m. Gross income was £56.3m and return on equity was 29%.

 United Trust Bank is an expanding specialist bank providing a wide range of secured funding facilities for individuals and businesses, and deposit accounts for individuals, businesses and charities.

 In 2016 UTB was named ‘Specialist Bank of the Year’ in the prestigious Bridging and Commercial Awards and was placed 25th in the annual Sunday Times BDO Profit Track 100 league table which ranks Britain’s fastest growing private companies.

 The Bank is well known for its experienced and knowledgeable staff and has dedicated divisions providing asset finance, bridging finance, development finance, structured finance and professional loans and in late 2015 UTB launched into the specialist mortgage sector with a range of second charge loan products.

 In September 2016, the Bank appointed Richard Murley as Chairman to replace Nicholas Clegg CBE who retired from the role following a successful 15 year tenure. Richard is an experienced investment banker and Executive Vice Chairman at NM Rothschild & Son. He is also the Chairman of University College London Hospitals Foundation Trust and was Director General of the Takeover Panel between 2003 and 2005.

 United Trust Bank Chief Executive Officer, Graham Davin, commented:

 “United Trust bank produced yet another outstanding set of results for the year. Our strategy of organic growth has delivered a strong performance and our lending and deposit books have both passed major milestones. Our return on equity was 29% which is class leading.

 “Set against a trading environment rife with Brexit uncertainty, increasing competition and industry regulation, the management and staff have performed with great energy, skill and dedication to achieve these excellent results. I would like to thank the team, our customers and our broker partners for their valued support.”

 “We will continue to explore opportunities to accelerate our organic growth strategy with new product developments and by considering suitable acquisitions.”