Commercial News

Recognise Bank opens new Leeds hub

Rozi Jones -
|
10th January 2022
Recognise Bank Leeds
"Leeds is quickly becoming one of the UK’s most important financial services sectors outside of London, so it is a great place for Recognise Bank to base itself"

New SME lender Recognise Bank has opened a new regional hub in Leeds, reinforcing its commitment to the North.

Recognise will now be based in Platform, Bruntwood SciTech’s building at the heart of the city’s digital and tech cluster. Leeds was named as one of 2021’s fastest growing tech cities by the UK Digital Economy Council, with its companies attracting over £40m in investment last year.

Its new location will be the base for a number of business development managers with access to regionally-based underwriters.

Recognise Bank is building a national footprint with hubs in London, Birmingham, Manchester and the new office in Leeds, with more hubs planned in the coming years.

James Meigh, regional director for the North at Recognise Bank, will head up the new Leeds office. He said: “The growth of technology firms alone shows just how vibrant business is in Leeds and the region. But other business sectors are in great health and are keen to work with financial partners and professionals that understand the local economic environment and can help them grow.

“Leeds is quickly becoming one of the UK’s most important financial services sectors outside of London, so it is a great place for Recognise Bank to base itself as we look to grow and serve even more customers in the North.”

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