 | |
| Company type | Public |
|---|---|
| Industry | Banking and Finance |
| Founded | 1985 |
| Headquarters | Solihull,West Midlands,United Kingdom |
Key people | Robert East,Chairman Nigel Terrington,CEO |
| Revenue |  £1,314.7 million (2024)[1] |
| £253.8 million (2024)[1] | |
| £186.0 million (2024)[1] | |
| Website | www.paragonbankinggroup.co.uk/ |
TheParagon Banking Group PLC is one of theUnited Kingdom's largest providers ofmortgages, savings accounts, and business finance. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.
The company was established in 1985 as theNational Home Loans Corporation.[2] It launchedHomeloans Direct in 1995.[3] In 1997 it changed its name to theParagon Group of Companies.[4] In 2003 it acquiredBritannic Money.[5]
In 2014, the Paragon Group of Companies PLC launched Paragon Bank which offers a range of internet-based savings accounts and a range of lending products.[6]
In 2017, it changed its name toParagon Banking Group PLC, as part of becoming a "fully integrated banking business".[7]
In 2018, Paragon Banking Group completed a £48m takeover of residential lender Titlestone Property Finance.[8]
The company is based inSolihull and offers lending to landlords and businesses and also offers savings accounts to consumers.[9]