GB Bank receives full banking licence, set to lend £3bn over five years
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
Lancaster will be responsible for leading GB Bank as it gears up for launch in Q3 2022.
GB Bank says the partnership will reduce friction in customer journeys and enhance its risk mitigation.
New challenger bank plans to focus on the north of the UK and plans a large loan book.