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.
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 2022)
Key ratios (at 31st July 2022)
14.6%
Common equity tier 1 capital ratio
16.6%
Total capital ratio
12.0%
Leverage ratio
13.5%
Common equity tier 1 capital ratio
15.8%
Total capital ratio
123%
Total funding as % of loan book
21 months
Average maturity of funding allocated to loan book
Related fixed income pages
Have an enquiry? Get in touch
Sophie Gillingham
Director of Investor Relations and Corporate Development
Camila Sugimura
Head of Investor Relations
Kimberley Taylor
Investor Relations Manager
Irene Galvan
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: IR@closebrothers.com
Company Number: 520241
Read the Close Brothers Group plc Annual Report
Read more