Paragon Banking Group
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The Paragon Banking Group PLC is one of the United Kingdom's largest providers of mortgages, savings accounts, and business finance. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The company was established in 1985 as the National Home Loans Corporation.[1] It launched Homeloans Direct in 1995.[2] In 1997 it changed its name to the Paragon Group of Companies.[3] In 2003 it acquired Britannic Money.[4]
In 2014, the Paragon Group of Companies PLC launched Paragon Bank which offers a range of internet-based savings accounts and a range of lending products.[5]
In 2017, it changed its name to Paragon Banking Group PLC, as part of becoming a "fully integrated banking business".[6]
In 2018, Paragon Banking Group completed a £48m takeover of residential lender Titlestone Property Finance.[7]
Operations
The company is based in Solihull and offers lending to landlords and businesses and also offers savings accounts to consumers.[8]
References
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- ↑ Paragon eyeing up Britannic Money. Daily Telegraph, 25 May 2003
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External links
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