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The Just Loans Group PLC has become the first alternative commercial lender to become an Associate Member of the British Bankers’ Association.
The BBA is the leading banking trade association based in the UK. They have over 240 member organisations with a global presence. The BBA is the voice of banking, representing the world’s largest banking cluster with 80 percent of global systematically important banks being members. The BBA supports and promotes policies and initiatives that balance both the interest of banks and the wider public.
The BBA’s Relationship Director, Richard Adler says, “We are very pleased to welcome Just Loans Group as an associate member. We are looking forward to working with The Just Loans Group platform.”
The Just Loans Group CEO, John Davies, adds, “I don’t believe that traditional banks and alternative lenders are in competition with each other as they share the common aim of helping UK businesses invest and grow.
We see the future as traditional banks and alternative lenders increasingly working in partnership with each other. Aligning ourselves with the BBA – the voice of banking in the UK – is a great way to accelerate this and share experiences to date that come from a sole focus on business lending and innovative FinTech investments.”
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