Hampden & Co hails double-digit results as new chairman is unveiled

Graham Hartop

Lending was up 40 per cent to £132.5 million, deposits up 38 per cent to £267.5 million and total income up 63 per cent to £6.4 million.

In April 2019, Hampden & Co shareholders invested a further £9.8 million in the three year old bank.

CEO, Graeme Hartop, said: “This growth demonstrates the demand for our truly personalised private banking service. And we added to it in February 2019 our digital banking service and mobile app.”

Last year also saw the bank’s founder, Ray Entwistle, retire as chairman and it has now been announced that he will be succeeded by Alan Hughes, a the former CEO of First Direct Bank, and a former executive board member at HSBC.

Mr Hughes commended his predecessors’ highly successful career of over 50 years culminating in the creation of Hampden & Co.

Mr Hughes, who also serves as pro-chancellor and deputy chair at Loughborough University, said: “After only three years Hampden has been awarded ‘UK Private Bank of the Year’ Ray has a great deal to be proud of.”