Publication of presentation
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
18 July 2018
Publication of Corporate Presentation
COLG today announces the publication of its corporate presentation on the Company's website http://www.cityoflondongroup.com, following the recent publication of its preliminary results made on 12 July 2018.
The presentation will provide further information on Recognise, the brand name of Echo Financial Services Limited, which has commenced the process of applying for a UK banking licence. Recognise has been formed to provide financial services to the UK small-medium business market, subject to the successful granting of a banking licence from the regulator, targeting a loan book of £1 billion and deposit book of £1.2 billion in five years.
Enquiries
City of London Group plc Michael Goldstein | +44 (0)203 005 9304 |
Peel Hunt LLP (nominated adviser and broker) James Britton, Rishi Shah | +44 (0)207 418 8900 |
The PR Office (PR adviser) Marc Cohen, Jonny Garfield | +44 (0)207 284 6969 |
Notes to Editors
City of London Group is a forward-thinking organisation focused on serving the UK SME market. While grounded with traditional values, through the strength and depth of expertise in its expanding team, it is now primed for future growth through its three-pronged strategy.
The Group's expertise covers equity release, finance for the SME sector, and secured lending. The Group has experience with commercial banking and mortgages, and access to funding arrangements such as commercial, SME, bridging and development finance, home reversion plans, and asset and loan finance.
COLG ensures its services are always delivered with a personal touch, so clients know that they are more than a customer and have a partner that will work with them as they look towards the future.
www.cityoflondongroup.com
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