Aldermore Bank plc
Traded as LSE: ALD
Industry Finance
Founded 2009
Headquarters Reading, Berkshire
Key people
Glyn Jones (Chairman)
Phillip Monks (CEO)
Products Financial services
Revenue £300.4 million (2015)[1]
£105.1 million (2015)[1]
£78.3 million (2015)[1]

Aldermore Bank is a retail bank which provides financial services to small and medium-sized businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.


Aldermore was established by Phillip Monks with backing from private equity company, AnaCap Financial Partners LLP, in 2009.[2]

It raised £62 million of further investment from a consortium of funds managed by Goldman Sachs Asset Management, Honeywell Capital Management, and the Ohio Public Employees Retirement System in August 2011[3] and it received an additional capital investment from Centerbridge Partners when it issued a £36 million subordinated bond in May 2012.[4]

Aldermore was recognised as a ‘challenger’ bank by the media,[5] and launched a successful initial public offering in March 2015.[2]


Aldermore provides financial services to small and medium-sized businesses.[6] Its services include retail and business savings and asset and invoice finance, as well as commercial and residential mortgages.[7]


Aldermore is the sponsor of the National Association of Commercial Finance Brokers (NACFB),[8] and a member of the Council of Mortgage Lenders.[9]


  1. 1 2 3 "Annual Results 2015" (PDF). Aldermore. Retrieved 28 March 2016.
  2. 1 2 "Aldermore: How the bank formed in the depths of the crisis found success". The Telegraph. 15 March 2015. Retrieved 13 June 2015.
  3. "Goldman Sachs takes Aldermore stake". The Telegraph. 24 September 2011. Retrieved 13 June 2015.
  4. "Boost for new bank Aldermore as it clinches £36m fundraising". City AM. 14 May 2012. Retrieved 13 June 2015.
  5. Grice, Andrew (12 September 2012). "Cable and Osborne on a Collision Course Over Small-Business Bank". London: The Independent (UK). Retrieved 21 January 2013.
  6. Hurley, James (6 May 2012). "Aldermore - A Dads Army Bank For SMEs". London: The Telegraph. Retrieved 21 January 2013.
  7. "Our History". Aldermore Bank PLC. Retrieved 21 January 2013.
  8. "NACFB - Working with Lenders". NACFB. Retrieved 16 October 2012.
  9. "Directory of Members and Associates". Council of Mortgage Lenders. Retrieved 16 October 2012.

External links

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