PAG 📈 Paragon Banking Group PLC - Overview

Paragon Banking Group PLC is a leading financial services provider in the United Kingdom, offering a diverse range of products and services to individuals and businesses alike.

The company operates through two primary segments: Mortgage Lending and Commercial Lending. The Mortgage Lending segment specializes in providing buy-to-let mortgages, as well as first and second charge mortgages for owner-occupied properties. This segment caters to the needs of property investors, landlords, and homeowners, offering tailored mortgage solutions to suit their requirements.

The Commercial Lending segment, on the other hand, focuses on providing financing solutions to small and medium-sized enterprises (SMEs). This includes hire purchase and finance and operating leases, as well as development finance, motor finance, structured lending, and other specialized products. This segment enables businesses to access the funding they need to grow, expand, and thrive in a competitive market.

In addition to its lending activities, Paragon Banking Group PLC also offers a range of savings products, allowing individuals to manage their finances effectively and achieve their long-term goals. The company's deposit-taking capabilities, mortgage brokerage services, and asset and portfolio administration expertise further complement its product offerings.

Paragon Banking Group PLC has a rich history, dating back to 1985, and has undergone significant transformations over the years. In September 2017, the company changed its name from The Paragon Group of Companies PLC to Paragon Banking Group PLC, reflecting its evolution into a more diversified financial services provider. Today, the company is headquartered in Solihull, UK, and continues to serve its customers with a commitment to excellence and customer satisfaction.

For more information about Paragon Banking Group PLC and its services, please visit their website at https://www.paragonbankinggroup.co.uk.