Bank of England Base Rate changes: Redwood Bank have passed both Base Rate reductions, totalling 0.65%, to its lending customers.  Read more, here.

Hertfordshire challenger bank ‘exceeds all expectations’ in double award win

27/08/2019 10:30:00
Press release Our people Awards Events
One of the most dynamic challenger banks on the market has scooped two major industry awards.

Redwood Bank has bolstered its awards haul by picking up the 2019 Award for Excellence in Business Banking Services – UK, at Acquisition International’s Global Excellence Awards.

The Hertfordshire Bank was also recognised as the UK's Leading Bank for SME Business at the SME News 2019 Business Elite Awards.
Gary Wilkinson, CEO and Co-Founder of Redwood Bank, said:


“Once again the team has exceeded all expectations as we continue to add more awards to our already impressive haul of trophies."

“We’re thrilled to be recognised as part of Acquisition International’s programme, as recipients are determined through an internal process of research, analysis, shortlisting and selection. This ensures all winners are selected based purely on merit – not popularity.”


The SME Awards was developed to celebrate the success stories of smaller companies around the UK, with small to medium sized enterprises being one of the most important sectors in the country’s economy.

Redwood is an ambitious business bank, developed to offer a real alternative for small and medium sized organisations looking to make sure their properties and cash work harder for them.
It also provides individually assessed mortgages for business owners and professional landlords, as well as a range of Best Buy savings accounts, which are offered to charities, clubs and associations as well as businesses.
Since its inception, the Bank has announced several high-profile appointments and has scooped many major industry awards, including being named Bank of the Year in 2018 by the Global Business Excellence Awards.
For further information, visit www.redwoodbank.co.uk


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 completing its ‘mobilisation’ phase just over four months after 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 their business customers seize property opportunities, and also offers competitive business savings accounts. Redwood Bank was founded by Jonathan Rowland and Gary Wilkinson. It has a unique private-public ownership structure, in which Warrington Borough Council has a one-third stake.