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Redwood Bank was declared winner of the Banking Launch of the Year award at the Retail Banking International (RBI) Awards at London’s Waldorf Hilton on May 10.
The annual awards celebrate the best in global banking, showcasing pioneering initiatives that have gained ground in the last year and reflect shifting international trends.
Since its inception, Redwood Bank has focused heavily on technology, people and service, ensuring every customer’s experience is secure, fast and easy.
The Chief Executive Officer (CEO) and co-founder of Redwood Bank, Gary Wilkinson, said: “Since we launched just over six months ago we have seen significant growth. This award is recognition for the hard work the whole team has put in to make the launch of this Bank so successful.
“This award is testimony to the passion and dedication we possess in making fast and informed decisions to help our business customers seize opportunities quickly, becoming the business bank that Britain needs.”
Douglas Blakey, the Editor of Retail Banker International, who hosted the awards, said: “As one of the fastest licence-to-launch phases of any new bank to date, Redwood Bank’s advanced systems, service based on traditional banking values and its strong relationships with its customers, means it has already established itself as a competitive player.”
Left to right: Douglas Blakey, Editor of Retail Banker International - Graham Reynolds, Commercial Director of Redwood Bank - Patrick Brusnahan, Senior Reporter at Retail Banker International
The RBI Awards were established 30 years ago and set a benchmark for recognising world class consumer finance institutions. Winners were selected by an independent judging panel, and by RBI editorial team members.
Redwood Bank was launched in August 2017, becoming Britain’s newest challenger bank for small to medium sized businesses.
The bank’s products include individually-assessed mortgages for business owners and professional landlords, as well as a chart-topping range of Best Buy notice savings accounts, which are offered to charities, clubs and associations as well as to businesses.
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Notes to editors:
For further details contact Laura Pearce at Strand PR on laura@strand-pr.co.uk or 01763 274674 / 07903 106405.
Redwood Bank was launched in August 2017, becoming Britain’s newest business bank for SMEs and after completing its ‘mobilisation’ phase just over four months following securing its initial banking licence in April 2017. Redwood Bank offers secured SME mortgages for business owners, as well as for experienced commercial and residential property investors. It delivers fast and efficient mortgage decisions to help its business customers seize property opportunities and also offers competitive business savings accounts. Redwood Bank was founded by Gary Wilkinson and Jonathan Rowland. It has a unique private-public ownership structure, in which Warrington Borough Council has a one-third stake.