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, CEO00:16 - Introduction John Bevan, Managing Director, Commercial Finance07:04 - Introduction to commercial finance12:01 - Business growth13:18 - Collaborative model15:03 - Addressable market16:15 - Growth drivers16:43 - Commercial finance summary Sean Powell, National Sales Director, Commerical finance17:10 - Business proposition19:27 - Target market21:29 - Hobbycraft case study22:32 - Income growth23:29 - Routes to market24:58 - Market opportunity James Hodkinson, COO, Commercial Finance26:26 - Benefits of the relationship model32:06 - Client satisfaction33:46 - Client retention34:31 - BM Steel case study Will Airey, Head of Risk, Commercial Finance36:01 - Specialist underwriting38:32 - Balance sheet protection40:28 - Case study41:47 - Cost of risk David McCreadie, CEO42:40 - 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.