UK’s Digital Bank OakNorth Reports Pre-Tax Profits of £215M

OakNorth – the digital bank for entrepreneurs, released its latest Annual Report, revealing pre-tax profits of £214.8m (appr. $271.6m) in 2024 (FY23 £187.3m / $236.8m). OakNorth provided over £2.1bn ($2.6bn) of gross “new lending in 2024, continuing its track-record of supporting ambitious and innovative businesses... Read More