6th May 2026 14:25
Shawbrook Group PLC - Essex, England-based digital banking platform - Says it has "no lending exposure" to Blue Motor Finance Ltd, as their forward flow purchase agreement, under which Shawbrook acquired loan assets originated by BMF, was not renewed in February. Furthermore, Shawbrook reiterates that it still "considers its exposure to be immaterial" regarding the UK Financial Conduct Authority's proposed GBP9 billion motor finance redress scheme. Read More
