Secure Trust Bank Plc - STB

Secure Trust Bank PLC provides retail banking products and services in the United Kingdom. It operates in six segments: Real Estate Finance, Asset Finance, Commercial Finance, Personal Lending, Motor Finance, and Retail Finance. The Real Estate Finance segment provides finance for commercial and residential real estate developments and investments, as well as for mixed development projects. The Asset Finance segment offers loans to acquire the commercial assets, such as commercial vehicles, and building and manufacturing equipment to small and medium sized enterprises (SMEs). The Commercial Finance segment provides invoice financing solutions, including invoice factoring and discounting services to SMEs. The Personal Lending segment offers unsecured consumer loans through broker aggregators and partners. The Motor Finance segment provides hire purchase agreements secured against the vehicle being financed. This segment distributes its motor finance products through motor dealers, brokers, and Internet introducers. The Retail Finance segment offers point of sale unsecured finance, such as finance for the purchase of sports and leisure equipment comprising cycles; furniture; and consumer electronics for in-store, mail order, and online retailers. This segment serves retailers of various industries, including cycle, music, furniture, outdoor/leisure, electronics, dental, jewelry, and football season tickets. It also provides savings products, including notice deposits, term deposits, and fee-based accounts, as well as deposit bonds; current accounts; OneBill, a household budgeting and payment product; Rentsmart; debt collection; and property rental and leasing services. The company was incorporated in 1954 and is headquartered in Solihull, the United Kingdom.