Secure Trust Bank plc Security Rating

Secure Trust Bank is an established UK retail bank. Its core business is to provide banking services including a range of lending solutions and deposit and fee-based current accounts to UK customers who may not be adequately served by other banks. The Company, which was incorporated in 1954, operates predominantly from its head office in Solihull, West Midlands, had 263 employees as at 31 December 2011, and has been a subsidiary of Arbuthnot Banking Group since 1985. The Company’s diversified lending portfolio focuses on motor finance, retail point of sale finance and unsecured personal loans. Its lending is entirely funded by customer deposits, with no exposure to wholesale funding. Motor finance – includes a multi-channel offering through motor dealers and brokers. Fixed rate, fixed term hire purchase agreements secured mainly against used cars. Finance term periods vary. Retail point of sale finance – includes lending solutions for store and online retailers and an “e”-tailer proposition distributed through partnership with Pay4Later. Unsecured, fixed rate and fixed term loans with payments received monthly. Personal unsecured lending – fixed rate, fixed term products with payments received monthly. Varying loan terms and advances available.