What Secure Trust Bank does

Secure Trust Bank PLC is a UK-authorised retail and commercial bank founded in 1952 and listed on the London Stock Exchange under the ticker STB since 2011. The bank operates from its headquarters in Solihull and serves over one million customers across three core lending divisions — Retail Finance (point-of-sale lending via V12 Retail Finance and furniture merchant partnerships), Real Estate Finance (development, investment, bridging, and build-to-rent lending), and Business Finance (asset-based lending and the newly launched Speciality Finance division) — alongside a retail savings franchise offering Access Accounts, Fixed Rate Bonds, Fixed Rate Cash ISAs, and Notice Accounts. Distribution is multi-channel: direct-to-consumer digital (website, iOS/Android mobile app, internet banking with 2-factor authentication), broker and intermediary portals for real estate finance, merchant partnerships for retail point-of-sale credit, and capital-partnership facilities for non-bank specialist lenders including Promarine Finance, PayItMonthly, and Bumper.

The bank's revenue model is interest-driven: it accepts retail deposits and uses them, together with wholesale funding, to originate loans across its specialist lending divisions, earning net interest income on £3.34bn of net lending balances (Q1 2026). Following a £21.8m pre-tax loss in the motor finance business in FY2024, the bank completed a £458.6m divestiture of its Consumer Vehicle Finance business to LCM Partners in December 2025, boosting CET1 by 180 basis points and allowing management to focus on its three higher-returning lending divisions. Net lending balances grew 6.6% year-on-year in Q1 2026, with Retail Finance up 7.3% and over £700m of new business written in real estate and commercial finance during 2025. The bank is accelerating a £25m cost-out programme to 2028 (from 2030), has launched a new Speciality Finance division and a dedicated bridging unit in 2026, and is pursuing a £10m share buyback pending regulatory approval.

The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority (registration number 204550), with retail deposits protected by the FSCS up to £120,000 per depositor. It operates through subsidiaries including STB Commercial Finance, STB Real Estate Finance, V12 Retail Finance, Moneyway, and Debt Managers (Services) Ltd, with the OneBill brand now closed. Market capitalisation stood at £248.67m in April 2026.

Name

Secure Trust Bank

Legal name

Secure Trust Bank PLC

Website

https://securetrustbank.com

Company type

Public

Founded year

1952

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Secure Trust Bank PLC is a UK-authorised challenger bank offering retail savings products and specialist lending — including retail point-of-sale finance, real estate development and bridging loans, asset-based lending, and capital-partnership facilities — to over one million consumer and business customers.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Senior Secured Direct Lending (FSANADAA)

Keywords

• Retail savings accounts
• Business lending
• Real estate finance
• Asset-based lending
• Consumer finance

Headquarters

HQ city

Solihull

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Lending: The bank generates interest income from net lending balances across retail finance, real estate finance, and commercial finance divisions. Net lending balances reached £3.34bn in Q1 2026.
2. Retail Savings Deposits: The bank accepts retail deposits through savings accounts including Access Accounts, Notice Accounts, Fixed Rate Bonds, and Fixed Rate Cash ISAs, using these deposits to fund lending activities.
3. Speciality Finance Facilities: Providing capital facilities to specialist lenders including real estate, SME, and consumer finance sectors through tailored funding solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Secure Trust Bank is a UK retail bank that accepts retail deposits through savings accounts (Access, Fixed Rate Bonds, Fixed Rate Cash ISAs, Notice Accounts) and deploys those funds across three lending divisions: Retail Finance (point-of-sale credit via V12), Real Estate Finance (development, investment, bridging, build-to-rent), and Business Finance (asset-based lending). It also operates a Speciality Finance division providing capital facilities to UK non-bank lenders.

Product overview

Secure Trust Bank is a UK challenger bank founded in 1952 and listed on the London Stock Exchange since 2011, serving over one million customers. The bank operates a multi-product, multi-brand portfolio structured around three core lending divisions (Retail Finance, Real Estate Finance, and Business Finance) alongside a consumer savings business. The product architecture consists of a unified banking platform supporting: (1) Personal Savings products including Access Accounts, Fixed Rate Bonds, Fixed Rate Cash ISAs, and Notice Accounts, all accessible via Internet Banking and Mobile App; (2) Real Estate Finance offerings spanning development finance, bridging loans, investment property loans, and build-to-rent; (3) Business Finance including asset-based lending and retail finance (via V12 Retail Finance); and (4) the recently launched Speciality Finance division targeting non-bank lenders. Subsidiary brands include V12 Retail Finance (point-of-sale financing), V12 Vehicle Finance (motor finance, now divested), Moneyway (consumer lending), and Debt Managers (legacy debt collection). The bank exited motor finance in late 2025 through the £458.6m sale of its Consumer Vehicle Finance business to LCM Partners.

Differentiator

Problem solved

Functional benefit

Brands

• STB Commercial Finance: Business finance division providing asset-based lending and retail finance solutions
• STB Real Estate Finance
• V12 Retail Finance
• V12 Vehicle Finance
• Moneyway
• OneBill

Products and services

• Access Accounts Instant access savings accounts allowing UK consumers to deposit and withdraw funds flexibly, offering up to 4.21% AER variable interest with daily interest calculation paid monthly or annually.
• Fixed Rate Bonds Fixed-term savings products offering up to 4.40% AER with locked-in rates for terms typically ranging from 1 to 5 years; early withdrawals subject to early access charges.
• Fixed Rate Cash ISAs Individual Savings Accounts offering tax-free fixed interest of 4.30% AER, subject to the annual ISA allowance.
• Notice Accounts Variable-rate savings accounts requiring advance notice before withdrawal, with interest rates increasing based on notice period length; includes Notice Tracker Account variant.
• Real Estate Finance Comprehensive property lending division covering development, investment, bridging loans, and build-to-rent financing for UK property developers, investors and brokers, accessed via the bank's broker portal.
• Residential Development Finance Specialist development finance for residential property schemes in the UK, part of the Real Estate Finance division.
• Student Accommodation Development Finance Specialist development finance for purpose-built student accommodation (PBSA) schemes.
• Commercial Property Development Finance Development finance for commercial property projects within the Real Estate Finance division.
• Bridging Loans Short-term property bridging loans ranging from £2m to £20m over 3-24 month terms, covering land bank and development exit scenarios for residential, mixed-use and PBSA schemes.
• Build-to-Rent Finance Specialist financing products designed for build-to-rent (BTR) property schemes.
• Investment Property Loans Investment property loans for residential and student accommodation investment purchases, part of the Real Estate Finance division.
• Asset-Based Lending Business financing that uses company assets as collateral to release working capital, providing tailored funding solutions for UK SMEs and mid-market companies.
• Retail Finance (V12) Point-of-sale financing solutions enabling retailers (e.g., furniture merchants) to offer customers credit at the point of purchase, operated via the V12 Retail Finance brand.
• Speciality Finance Capital partnership facilities provided to UK non-bank specialist lenders in real estate, SME and consumer finance sectors, delivering tailored wholesale funding beyond single lines or restrictive larger-bank facilities.
• Savings Mobile App Mobile banking application for iOS and Android allowing customers to manage savings accounts, view balances and transactions, make payments, and communicate securely with the bank, with biometric login.
• Internet Banking Online banking platform enabling customers to manage savings accounts, make transfers, view statements and access secure messaging, secured with 2-factor authentication and a 6-digit PIN.

Quantifiable outcome

• Net lending balances of £3.34bn in Q1 2026, up 6.6% year-on-year
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Promarine FinancecoreChannel Partner/ Reseller/ Distributor · 12 May 2026Specialist marine lender provided a £30m facility as part of Secure Trust Bank's Speciality Finance division targeting UK non-bank lenders in real estate, SME, and consumer finance sectors.
• PayItMonthlycoreChannel Partner/ Reseller/ Distributor · 12 May 2026Point-of-sale financing platform receiving a £10m facility from Secure Trust Bank's Speciality Finance division as part of the capital partnership strategy.
• Bumper (car repair finance platform)coreChannel Partner/ Reseller/ Distributor · 12 May 2026Car repair finance platform receiving a £60m facility from Secure Trust Bank's Speciality Finance division, one of the larger facilities in the division's portfolio.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Metro Bank: UK-listed challenger retail bank offering personal and business current accounts, savings, and commercial lending. Directly comparable to STB as a UK specialist deposit-taker and lender serving retail and SME customers.
• OneSavings Bank (OSB Group): UK specialist lender and savings bank focused on Buy-to-Let, residential, commercial, and specialist mortgage lending, funded by retail savings. Highly comparable business model to STB's specialist lending + retail savings franchise.
• Shawbrook Bank: UK challenger bank specialising in specialist mortgages, SME lending, and commercial real estate finance, funded by retail and business savings. Closely matches STB's specialisation in real estate, commercial, and asset-based lending.
• Paragon Bank: UK specialist bank with Buy-to-Let, commercial, and development finance, funded by retail savings. Comparable to STB across specialist property lending and the savings-funded lending model.
• Aldermore Bank: UK challenger bank focused on SME, asset finance, and specialist mortgages with retail savings as its funding base. Closely comparable in target market (SMEs, specialist property) and savings-led funding model.
• Charter Savings Bank: UK retail savings bank within the Charter Court group offering savings products and secured lending. Directly comparable deposit-taking and specialist lending business model.

Emerging players

• Atom Bank: UK digital-only challenger bank offering mobile-first savings accounts and specialist mortgage lending. Comparable to STB's deposit-funded specialist lending model, though operating primarily as a digital-native player.
• Tandem Bank: UK digital challenger bank offering savings products and green/eco home loans. Comparable in retail savings gathering and specialist residential lending, though smaller and more digitally focused.

Broad incumbents

• Close Brothers Group: UK-listed merchant banking group providing specialist lending (property, SME, invoice finance) and retail savings. Comparable in specialist lending verticals, though materially larger and more diversified.
• Investec Bank plc (UK): UK private banking and specialist lending franchise within the Investec group, providing property, corporate, and high-net-worth banking. Overlaps with STB in real estate and commercial lending but serves higher-end clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebooken-gb.facebook.com/SecureTrustBankPLC
• LinkedInlinkedin.com/company/secure-trust-bank
• Xx.com/securetrustbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries7 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Secure Trust Bank