Onwards and upwards: Gatehouse builds on its strong foundations
With three years of profitability under its belt and a position as one of the foremost fully-fledged Islamic banks in the European market, Gatehouse Bank is sitting pretty. Focused primarily on the real estate and property markets, the bank is now expanding into new markets including private equity, retail deposits and club funds. IFN managing editor Lauren McAughtry speaks exclusively to CEO Henry Thompson, one year after joining Gatehouse, on his ambitions, expectations and outlook for the future.
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Gatehouse Bank has announced that it is teaming up with a leading cash deposit platform, Flagstone, in a partnership that will see the Bank’s highly competitive savings products promoted to Flagstone clients.
Gatehouse Bank has launched its first apprenticeship scheme, with six A level students taking the first step in their career in Financial Services and joining the Shariah-compliant challenger bank.
- Best and worst savings accounts are whopping 1.76% apart on average
- Savers with a £5,000 nest egg stand to lose more than £450 over five years
- But for the average UK saver that rises to £465 EVERY YEAR