Company Overview of Reliance Bank Limited
Reliance Bank Limited provides personal and business banking services. The company offers individual savings and business current accounts, as well as various banking products and services for kids and teenagers. Its lending portfolio includes personal loans, buy-to-let mortgages, and fixed-rate and home mortgages. The company also provides foreign exchange and services, payment services, overdrafts, Visa debit card services, and Internet banking services. It serves private customers, churches, charities, and businesses. The company was formerly known as The Salvation Army Bank and changed its name to Reliance Bank Limited in 1900. Reliance Bank Limited was founded in 1890 and is based in Lo...
23-24 Lovat Lane
London, EC3R 8EB
Founded in 1890
Key Executives for Reliance Bank Limited
Managing Director and Director
Finance Director and Director
Compensation as of Fiscal Year 2015.
Reliance Bank Limited Key Developments
Reliance Bank Reports Earnings Results for the First Quarter of 2014; Provides Earnings Guidance for the Year 2014; Promotes Tom Stafford to President and Chief Risk Officer
May 7 14
Reliance Bank reported earnings results for the first quarter of 2014. For the quarter, the company reported profit of $1.7 million in the first quarter. The quarterly profit compares with $1.5 million in the same quarter in 2013, which included extraordinary income of $927,000 from a reversal in the loan loss reserve.
The company expects $8.5 million profit for the year.
The company announced Tom Stafford, formerly executive vice president, was promoted to president and chief risk officer, responsible for finance and loan administration.
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