United Trust Bank has become a member of the Finance and Leasing Association (FLA).
The FLA is a trade body for the asset, consumer and motor finance sector in the UK and is the largest organisation of its kind in Europe. Members include banks and building societies, the finance arms of leading retailers and manufacturers and a wide range of independent firms.
In 2014 FLA members provided £100 billion of new finance to consumers and businesses.
Harley Kagan (pictured), managing director of United Trust Bank, said: “United Trust Bank has developed its business considerably in the last few years, entering new markets in areas where the FLA has been able to influence policy and regulatory change. As the Bank continues to grow, we believe it will be increasingly important to ensure that our opinions are heard by regulators, the UK Government and other bodies which contribute to shaping the business environment in which we operate.
“We look forward to working closely with the FLA and its members in ensuring that borrowers continue to receive the high levels of service and protection they deserve.”
Mark Heaphy, head of compliance – conduct at United Trust Bank, added: “We are delighted to have joined the FLA as full members. The FLA has been instrumental in assisting the industry with regulatory change and helping to shape the markets in which we operate. United Trust Bank is looking forward to contributing to its ongoing good work.”
