UK bank and asset finance funder Bank of London and the Middle East (BLME) has opened a corporate banking office in central Manchester.
According to BLME, the opening of the office is to take up opportunities in the north of England and provide stronger client coverage.
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BLME said it has provided loans of £50m to businesses across the North of England over the past year.
In conjunction with the office launch, BLME has appointed Andy Krauza as associate director for BLME’s ABL finance division. Andy will be based in the Manchester office and will assist in the controlled expansion of BLME’s wholesale funding portfolio.
Andy brings nearly 30 years of experience to the role, having previously worked with The Co-operative Bank, The Funding Corporation and Hitachi Capital UK.
Robert Harris, director and head of ABL Finance at BLME said: "Andy’s appointment together with the opening of our Manchester office enables BLME to further support our existing customer and introducer base. It also widens the scope of our activities by offering innovative financial solutions in the ABL and Wholesale Funding spaces as well as across other BLME Corporate Banking products."
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