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Fixed income investors

Our objective

We take a conservative approach to funding, focused on diversity of sources and a prudent maturity profile.

We borrow longer than we lend, which minimises refinancing risk and supports our strong credit rating.

Our Treasury is run as a cost centre, with the main purpose of efficiently funding the loan book, holding appropriate liquidity and minimising interest rate risk.

Our objective

Sources of funding

Our funding remains diverse through a range of corporate and retail deposits, wholesale facilities, senior unsecured debt including subordinated debt.

Furthermore, we have a range of secured funding facilities including securitisations of our premium and motor finance loan books.

This diversity increases resilience by reducing reliance on any individual source of funding.

Close Brothers Group funding sources in £'billions (at 31 July 2020)

Key ratios (at 31st July 2020)

    14.1%

    Common equity tier 1 capital ratio

    16.3%

    Total capital ratio

    11.2%

    Leverage ratio

    13.4%

    Common equity tier 1 capital ratio

    15.7%

    Total capital ratio

    135%

    Total funding as % of loan book

    18 months

    Average maturity of funding allocated to loan book

     

     

    Have an enquiry? Get in touch

    Sophie Gillingham

    Director of Investor Relations

    Camila Sugimura

    Deputy Head of Investor Relations

    Matt Bullivant

    Investor Relations Manager

    Heena Shah

    Investor Relations Manager

    Kimberley Taylor

    Investor Relations Manager

    For all institutional investor and analyst enquiries please contact Investor Relations at our registered office:

    Close Brothers Group plc
    10 Crown Place
    London EC2A 4FT
    Telephone: 020 7655 3100
    E-mail: investor.relations@closebrothers.com

    Company Number: 520241