Gatehouse Bank exceeds £1bn in financed assets
By Andreea DulgheruGatehouse Bank has surpassed £1bn in assets under management (AUM).
The milestone comes on the back of a successful performance in 2021, which saw the Sharia lender’s pre-tax profits reach £3.6m, and its income increase by 30% to £31.2m.
“As a bank, we are immensely proud to have reached this milestone in a relatively short period of time and during a volatile period for the global economy,” said Charles Haresnape, CEO at Gatehouse Bank (pictured above)
“This announcement indicates the demand for ethical-led financial support is growing rapidly, as an increasing number of customers and investors re-evaluate their idea of ‘best practice’.
“We are more ambitious than ever to maintain sustainable growth and propel our product range to new heights.
“It’s this that will ensure we continue to support our record number of valued customers in the best possible way."
Keywords: gatehouse bank, assets under management, pre tax profits, sharia compliant lender, sharia finance, Islamic finance, lender loan, mortgage lender