Secure Trust Bank
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 | |
| Company type | Public (LSE: STB) |
|---|---|
| Industry | Financial services |
| Founded | 1952 |
| Headquarters | , |
Key people | Jim Brown (Chairman) Ian Corfield (CEO) |
| Products | Business banking, motor finance, retail finance, savings |
| Revenue |  £213.5 million (2025)[1] |
| £51.6 million (2025)[1] | |
 £17.6 million (2025)[1] | |
| Total assets | £4,316.0 million (2025)[1] |
| Total equity | £374.3 million (2025)[1] |
| Website | www |
Secure Trust Bank is a British retail and commercial banking group listed on the London Stock Exchange, where it is a constituent of the FTSE SmallCap Index.
The bank was established in 1952 as Secure Homes Limited and became a subsidiary of the Arbuthnot Banking Group in 1985.[2]
The company became Secure Trust Bank PLC in 1994[3] and was floated on the London Stock Exchange in an initial public offering in November 2011.[4]
In 2012, the bank acquired Everyday Loans, a branch-based provider of unsecured personal loans to customers in the near-prime and sub-prime credit markets.[5]
In 2015 the bank launched an asset finance division to enable it to offer lending to businesses.[6]
In December 2015, the bank agreed to sell Everyday Loans Holdings Limited to Non-Standard Finance for an enterprise value of £235 million; the transaction completed in April 2016.[7][8]
In 2016 the Arbuthnot Banking Group reduced its majority stake from 51.9% to 20%, for about £145 million.[9]
In January 2021, Secure Trust Bank announced that CEO Paul Lynam would be stepping down with immediate effect, to be replaced by David McCreadie, a former Managing Director at Tesco Bank.[10]
In March 2022, Secure Trust Bank announced it would be selling the Debt Managers business, which had bought some nine years earlier, to Swedish firm Intrum.[11]
In May 2022, Secure Trust Bank completed the acquisition of BNPL start-up AppToPay which will operate as part of V12 Retail Finance to offer a BNPL style product alongside its traditional retail finance products.[12]
