We launched a challenger bank in the midst of a financial crisis. That’s not for the faint-hearted
In 2011 the global recession was in full force, banks weren’t lending, many small businesses were unable to get credit and bankers were demonised. Against this backdrop it was our job to launch, and cement the position, of a new bank.
We challenged the way banks are seen and positioned Shawbrook Bank as a ‘new kind of bank’ offering small businesses (SMEs) and individuals a no-nonsense alternative.
Strong thought leadership, including comment pieces in the national press on SME lending and better banking, helped to highlight the bank’s expertise, while regular announcements through national broadcast, digital and print coverage kept the bank’s growth firmly in the public eye.
Policy makers and small business groups were engaged to endorse Shawbrook’s expertise, and an extensive poll of UK SMEs illustrated the struggle to secure finance from high street banks.
We secured an impressive 143 pieces of coverage in regional, national and international news for Shawbrook’s launch. Highlights included: BBC Breakfast, Today Programme, Financial Times, The Guardian, Daily Express and The Times.
The coverage was overwhelmingly positive, with huge support shown for a new bank coming into the marketplace.
We maintained Shawbrook’s high profile post launch, creating demand for the bank’s savings and lending products, and supporting its ambitious growth targets.
Keith Kelly and wife Kornelia, own their own dance studio because Shawbrook Bank backed their business.