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Paragon Banking Group
+6.17%
Financial services / Banking and Financial Services
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Company Overview
General information about the Paragon Banking Group company
The Paragon Banking Group is a financial institution based in the United Kingdom. It was founded in 1985 and is listed on the London Stock Exchange. The company is primarily focused on providing specialist lending and savings products to individuals and businesses.
The Paragon Banking Group has four core divisions: Paragon Mortgages, Paragon Bank, Idem Capital and Paragon Car Finance. Paragon Mortgages offers buy-to-let mortgages, while Paragon Bank provides savings and investment products. Idem Capital specializes in purchasing and servicing consumer loan portfolios. Paragon Car Finance provides car finance solutions to consumers.
The company has a strong emphasis on responsible lending and has a dedicated team focused on assessing and managing risk. It also has a strong commitment to customer service and has won several awards for its products and services.
The Paragon Banking Group is headquartered in Solihull, UK and has offices in London, Manchester, and Edinburgh. As of 2020, the company has over 1,300 employees and manages assets worth over £14 billion.
Overall, the Paragon Banking Group is a reputable financial institution known for its specialist lending and savings products, responsible lending practices, and commitment to providing excellent customer service.
The Paragon Banking Group has four core divisions: Paragon Mortgages, Paragon Bank, Idem Capital and Paragon Car Finance. Paragon Mortgages offers buy-to-let mortgages, while Paragon Bank provides savings and investment products. Idem Capital specializes in purchasing and servicing consumer loan portfolios. Paragon Car Finance provides car finance solutions to consumers.
The company has a strong emphasis on responsible lending and has a dedicated team focused on assessing and managing risk. It also has a strong commitment to customer service and has won several awards for its products and services.
The Paragon Banking Group is headquartered in Solihull, UK and has offices in London, Manchester, and Edinburgh. As of 2020, the company has over 1,300 employees and manages assets worth over £14 billion.
Overall, the Paragon Banking Group is a reputable financial institution known for its specialist lending and savings products, responsible lending practices, and commitment to providing excellent customer service.
What is special about the Paragon Banking Group company?
1. Focus on specialist lending: Paragon Banking Group focuses on niche or specialist markets in the lending industry, such as buy-to-let mortgages, asset finance, and consumer lending. This sets them apart from traditional banks that cater to a wide range of customers.
2. Long-standing history: The company has a long history dating back to 1985 when it was established. This gives them a solid foundation and a wealth of experience in the financial industry.
3. Strong financial performance: Despite economic downturns and market changes, Paragon Banking Group has consistently delivered strong financial performance, generating significant profits and dividends for shareholders.
4. Customer-centric approach: The company places a strong emphasis on providing excellent customer service and building long-term relationships with its clients. This has helped them establish a loyal customer base and maintain a good reputation in the market.
5. Innovation and technology: Paragon Banking Group has consistently invested in technology and innovation to improve its products and services, making it a leader in its niche markets. This forward-thinking approach has enabled the company to stay ahead of its competitors.
6. Ethical practices: The company has a strong commitment to ethical practices, evident in its responsible lending policies and social responsibility initiatives. This has helped it build trust and credibility with customers and stakeholders.
7. Strong leadership: Paragon Banking Group has a strong and experienced leadership team that has guided the company through various market cycles and challenges. This leadership has been critical in the company's success and growth.
2. Long-standing history: The company has a long history dating back to 1985 when it was established. This gives them a solid foundation and a wealth of experience in the financial industry.
3. Strong financial performance: Despite economic downturns and market changes, Paragon Banking Group has consistently delivered strong financial performance, generating significant profits and dividends for shareholders.
4. Customer-centric approach: The company places a strong emphasis on providing excellent customer service and building long-term relationships with its clients. This has helped them establish a loyal customer base and maintain a good reputation in the market.
5. Innovation and technology: Paragon Banking Group has consistently invested in technology and innovation to improve its products and services, making it a leader in its niche markets. This forward-thinking approach has enabled the company to stay ahead of its competitors.
6. Ethical practices: The company has a strong commitment to ethical practices, evident in its responsible lending policies and social responsibility initiatives. This has helped it build trust and credibility with customers and stakeholders.
7. Strong leadership: Paragon Banking Group has a strong and experienced leadership team that has guided the company through various market cycles and challenges. This leadership has been critical in the company's success and growth.
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