Since 2016, Arbuthnot Latham has transformed from a private bank into a full-service proposition which combines private and commercial banking, wealth planning, investment management and specialist finance businesses.
As a result of these changes, the bank is now five times bigger than it was five years ago and has embarked on a re-brand.
The bank’s iconic peacock remains a central feature, but the logo and visual identity are being refreshed to better reflect Arbuthnot Latham as it is today. The bank is also relaunching its client-facing website.
Andrew Salmon, Chief Executive Officer of Arbuthnot Latham & Co. comments: “Arbuthnot’s longevity and the consistency with which it has applied its principles since its founding over two centuries ago are core to its appeal to clients, both private and commercial. But we are also defined by our entrepreneurialism, and this is something we share with our clients and which they value too.
“If a bank is to remain successful and relevant in an ever-changing competitive landscape, it cannot stand still. Today’s Arbuthnot Latham is capable of serving a wider variety of clients in a multiplicity of new ways, all supported by the right technology. The evolution of the brand acknowledges this progress but without departing from the values and the heritage for which we are known.”
Virginie Dafforn-Gorgemans, Head of Marketing at Arbuthnot Latham & Co., comments: “Evolving a brand without departing from the core elements which have made it successful is not always straightforward. We believe we have created a concept that will resonate with all of those who engage with Arbuthnot Latham.
“We have had brilliant support from our agency Whitespace in building an incredible website with a range of new functionality. We also worked with Wellcom who helped create our new visual concept.
“Our clients value us for our relationship-led approach and we’ve enshrined that approach in our positioning: ‘always there for you’. Our visual identity embodies and helps us communicate what we’re known for: our entrepreneurial spirit, a long-term focus and our personal approach; helping clients to achieve their goals – “for business, for family, for life.”
Arbuthnot Latham launched its commercial bank in 2016 with the ambition of establishing it as the pre-eminent relationship-led bank for SMEs.
The launch of Arbuthnot Commercial was followed by the acquisition of Renaissance Asset Finance in 2017 and in 2018, the launch of Arbuthnot Commercial Asset Based Lending, which provides finance secured on invoices and business assets.
Arbuthnot Specialist Finance, which provides short term secured lending solutions to professional and entrepreneurial property investors, began lending in 2019. The group has also expanded its geographic footprint in recent years. Having opened an office in Exeter in 1995, the bank added Manchester in 2017 and Bristol in 2018, to complement its London headquarters and international hub in Dubai.
In addition to this expansion and diversification, Arbuthnot Latham still has at its heart a private banking and wealth management proposition which continues to grow well, providing a premium service to high net worth Individuals.
This investment and expansion of Arbuthnot Latham’s proposition has delivered significant growth, now holding £2.2 billion of deposits, £1.6 billion of loan balances and has £1.1 billion of assets under management.