thewealthnet

Private bank Hampden & Co reports strong growth despite pandemic

Katie Royals, 17/08/2020

Edinburgh-based private bank Hampden & Co has reported a 16 percent increase in income in the first half of 2020, despite the difficult market conditions.

The bank grew its deposits by £82 million, a 24 percent increase from the 30th June 2019.

Lending increased by 61 percent year-on-year or by £94 million.

Chief executive Graeme Hartop told thewealthnet: “I think the key thing is the business and operational model that we have a very strong service ethos to it and very close relationships with our clients. Particularly in times like this where we have clients with some quite comple...


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