OakNorth Bank sees pre-tax profits jump 95% in 2019 to £65.9m and becomes one of the first banks globally to achieve net carbon zero
Mar09

OakNorth Bank sees pre-tax profits jump 95% in 2019 to £65.9m and becomes one of the first banks globally to achieve net carbon zero

OakNorth Bank – the UK bank powered by OakNorth – has today published its 2019 Annual Report, revealing that it nearly doubled pre-tax profits last year to £65.9m – up from £33.9m in 2018. Launched in September 2015, OakNorth Bank was recently named Europe’s fastest-growing company by the Financial Times and provides loans of typically between £500k to £25m to the “Missing Middle” – growth businesses that tend to have the largest...

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