Paragon
Our take on Paragon
At the end of 2022, Paragon had a small amount of lending to small and medium-sized enterprises operating in the oil and gas industry (£13.5M). At the same time, it dedicated £200M of funding to the development of energy efficient properties by offering lower interest rates to its customers.
The bank is also transparent - it has measured and disclosed greenhouse gas impacts of its lending in line with leading practices.
Have you opened an account with Paragon since visiting Bank.Green?
Overview
Founded in 2014
Has deposit protection and environmental policy
Policies
Deposit protection
Environmental protection
Customers served
Corporate
Small and Medium Enterprises (SMEs)
Services
Local branches
Mobile banking
Fees
No account maintenance fee
No overdraft fee
Personal
Accounts
SavingsISAsCDsInterest rates
4% - 4%
4.3% - 4.3%
4.3% - 4.3%
Fees
No overdraft fees
-
-
Loans
Credit cards
Mortgages or loans
Interest rates
Rates may varyFees
Fees may varyNonprofit
This bank does not offer any Nonprofit accounts.
Loans
Mortgages or loans
Interest rates
Rates may varyFees
Fees may varyGovernment
This bank does not offer any Government accounts.
Loans
Mortgages or loans
Interest rates
Rates may varyFees
Fees may varySMEs
This bank does not offer any SMEs accounts.
Loans
Corporate lending
Small business lending
Equipment lending
Credit cards
Mortgages or loans
Interest rates
Rates may varyFees
Fees may varyCorporate
This bank does not offer any Corporate accounts.
Loans
Corporate lending
Equipment lending
Credit cards
Interest rates
Rates may varyFees
Fees may varyCurious about switching to a green bank?
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Bank.Green is a project of Empowerment Works Inc. 501(c)(3)