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PCF Bank

General Information

Overview

PCF Bank was born out of the old Private & Commercial Finance Group, which has been lending in the UK since 1994. The Bank provides finance for vehicles, plant and equipment for 70,000 customers.

Banking Licence

PCF have their own banking licence which isn’t shared with any other banks

Registration Numbers

Companies House Number: 02794633

Financial Conduct Authority: 747017

Based: London

Date Launched: July 2017

FSCS Protected? Yes

Branches: PCF do not have any branches

People of Interest

Head of Savings

Daryl Hopkins

Chief Executive

Garry Stran

Saving Information

No. of Savers

7,600 as at 31st March 2022

Amount of Deposits

£291m as at 31st March 2022

Loan Book

£321m as at 31st March 2022

Account Opening and Management

How Do I Open a Savings Account

Internet

How Do I Manage a Savings Account

Internet, Post, Telephone

 

Lending Activities

PCF has four lending divisions:

  • Business Finance - which provides finance for vehicles, plant and equipment to SMEs
  • Consumer Finance - which provides finance for motor vehicles to consumers
  • Azule Limited - which provides finance to the broadcast and media industry
  • Bridging Property Finance - which provides loans to companies and sole traders investing in residential property

Reviews

Savings Guru Verdict

PCF's shares were suspended on the stock exchange in May 2021, and their Chief Executive (Scott Maybury) resigned with immediate effect shortly after the suspension.  The suspension was lifted in January 2022 after completion of an independent review.

PCF have since come back in to the market and while the Group continues to work through the review, maximum deposit levels have been capped at the £85,000 FSCS limit.  Given this, we are happy that savers money is safe with PCF and to list the bank on our site.

Contact Information for PCF Bank

Contact Details

Pinners Hall, 105-108 Old Broad Street, London EC2N 1ER

020 7222 2426

https://pcf.bank

customerservices@pcf.bank

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

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