HAMPDEN & Co has declared that customer deposits have reached £200 million – within days of the private bank celebrating its second anniversary.
The Edinburgh-based institution has built up more than 2,000 clients since being set up by veteran banker Ray Entwistle in 2013.
The boutique lender caters primarily for people who have “done well in life”, including high net-worth individuals, with a focus on bringing a personal touch to the relationship between client and banker.
Chief executive Graeme Hartop, who had been managing director of Scottish Widows Bank before joining forces with former Adam & Co colleague Entwistle four years ago, said: “We have been delighted by our strong level of growth and the £200m milestone is a great one to pass so early.
“Beyond our financial growth, the feedback we receive from clients is excellent and gives us a great platform for the future.”
The milestone was unveiled by Hampden following moves by the bank to steadily boost its senior management team in recent months. Its most recent hire was former Lloyds veteran George Grierson, who joined a roster already including Mark Prentice, Frank Hoskins, Malcolm King, Graeme Morris and David Bell, in March.
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