At the end of Q1 2025 the bank had grown its property loan portfolio to over £200m over the past six months, while its paid-up share capital reached approximately £145m.
In February, GB Bank increased its loan limit to £20m per borrower in response to high demand from its clients.
Mike Says, CEO at GB Bank (pictured above), said: “This has been a period of rapid yet sustainable growth for the bank as we continue to tap significant demand for our fast, flexible financing solutions.
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“While we are undoubtedly proud of hitting landmark figures, such as £2bn on our balance sheet, we are even prouder of reaching sustainable profitability in such a short time since securing our growth capital.
“At the heart of this success is our incredible, experienced team, driven by our collective mission to be the bank helping the people and businesses that drive our economy to fulfil their ambition, grow, unlock new opportunities, and make a lasting impact.
“We are grateful to our shareholders for their continued support and for providing the fuel that powers our growth, and our customers who continually put their faith in us to provide them with the funding solutions that meet their business needs.”
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