Hampshire Trust Bank acquires Wesleyan Bank

On 28th February 2022, Wesleyan Bank Limited was acquired by Hampshire Trust Bank Plc.

On 28th February 2022, Wesleyan Bank Limited was acquired by Hampshire Trust Bank Plc. and is no longer part of Wesleyan Assurance Society. The move sees 112 employees of Wesleyan Bank transfer to the HTB group with effect from 1st March 2022.

Matthew Wyles, Group Chief Executive Officer of the HTB Group said, “Our growth strategy has always included an intention to supplement our development through acquisition when the right opportunity presented itself, and this deal adds scale and momentum to our existing dynamic franchise.

“Today’s announcement is the culmination of many months of very hard work and I would like to thank the many colleagues at HTB and Wesleyan who have laboured tirelessly to make this happen”.

 

For additional information or to arrange an interview, please contact Grant Bather or Nick Seymour from Rostrum:

Grant Bather
Tel: 07902 877 683
Email: g.bather@rostrum.agency

 

Nick Seymour
Tel: 07464 799 837
Email: n.seymour@rostrum.agency