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Co-op bank opens new centre

posted 10 Mar 2009, 06:14 by David Rintoul

THE Co-operative Bank is to open a new Corporate Banking Centre (CBC) in the heart of Edinburgh this month, as part of an £18 million expansion plan.

Based in Fountainbridge, the Edinburgh CBC will provide support for corporate customers seeking finance for acquisition, business asset purchase or re-finance and working capital.

The CBC will be committed to providing funding and support for local businesses in the £1m to £50m turnover SME market.

Running the new centre will be senior corporate manager David Bell, who has established a successful Alliance and Leicester corporate office in Bristol, after 35 years working for Bank of Scotland, 16 of these in Edinburgh.

He will be working with senior business development manager Craig Ramsay, who has extensive experience in banking.

Source: Evening News

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