Press Releases

High street banks are keeping billions from Britain’s hard-pressed SMEs

Allica Bank is today exposing a hidden £7.5 billion a year savings penalty on the country’s hard-pressed SMEs – and is calling on the wider banking industry to give SMEs a better deal.

By Allica Bank

3 minute read · 23 October 2023

Allica Bank partners with elite netball players to inspire the next generation of netball players ahead of the Netball World Cup

2 minute read · 26 July 2023

Allica Bank reports £2 billion in its savings accounts after strong start to 2023

2 minute read · 12 June 2023

Allica Bank reports landmark year of progress in 2022

2 minute read · 3 May 2023

House of Worktops secures commercial mortgage from Allica Bank to buy new £8.5m north London premises as part of a major expansion drive

2 minute read · 26 April 2023

Allica Bank urges the Bank of England to seize a ‘golden opportunity’ to support the UK’s SME ecosystem

Cautions against damaging Britain’s successful SME challenger bank sector, which currently accounts for 55% of all new small business lending

By Allica Bank

4 minute read · 20 March 2023

Allica Bank doubles down on care home sector with specialist care homes and enhanced elderly care policy

1 minute read · 1 February 2023

Allica Bank extends funding range to include soft assets as it hits £200m of asset finance lending

1 minute read · 25 January 2023

Allica Bank raises £100m Series C in funding round led by TCV, the backers of Netflix, Nubank and Revolut

2 minute read · 5 December 2022

Allica Bank breaks into profitability

2 minute read · 27 September 2022