Cambridge bank celebrates anniversary

Staff celebrate the Cambridge & Counties Bank's first anniversary

A bank based in Cambridge is celebrating its first anniversary with the announcement that it's on course to meet its initial four year lending target in less than two years.

Cambridge & Counties Bank has issued around £40 million in secured lending in its first year.

The number of people employed by the bank has also increased in less than a year. Having had 10 employees when it was launched last June there are now 30 staff.