Secure Trust Bank (STB) Capital Markets Event - November 2024

Secure Trust Bank management provides an overview of its Commercial Finance Business and its role in helping the business achieve its medium-term targets. The Commercial Finance management team outline the product offering, the size of the market, the team's track record, further growth opportunities, the recurring revenue benefits of the model, as well as their approach to structuring and risk management. David McCreadie, CEO 00:16 - Introduction John Bevan, Managing Director, Commercial Finance 07:04 - Introduction to commercial finance 12:01 - Business growth 13:18 - Collaborative model 15:03 - Addressable market 16:15 - Growth drivers 16:43 - Commercial finance summary Sean Powell, National Sales Director, Commerical finance 17:10 - Business proposition 19:27 - Target market 21:29 - Hobbycraft case study 22:32 - Income growth 23:29 - Routes to market 24:58 - Market opportunity James Hodkinson, COO, Commercial Finance 26:26 - Benefits of the relationship model 32:06 - Client satisfaction 33:46 - Client retention 34:31 - BM Steel case study Will Airey, Head of Risk, Commercial Finance 36:01 - Specialist underwriting 38:32 - Balance sheet protection 40:28 - Case study 41:47 - Cost of risk David McCreadie, CEO 42:40 - Summary & Outlook 44:56 - Q&A Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 897 employees (full‐time equivalent) as at 30 September 2024. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.