City Of London Group PLC Publication of presentation (9552U)
July 18 2018 - 1:00AM
UK Regulatory
TIDMCIN
RNS Number : 9552U
City Of London Group PLC
18 July 2018
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 GBP1
billion and deposit book of GBP1.2 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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END
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