Paragon Group of Companies
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| Type | Public (LSE: PAG) |
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| Industry | Personal loans |
| Founded | 1985 |
| Headquarters | Solihull, West Midlands, United Kingdom |
| Key people | Robert Dench, Chairman Nigel Terrington, CEO |
| Revenue | £170.2 million (2012)[1] |
| Operating income | £94.2 million (2012)[1] |
| Net income | £72.2 million (2012)[1] |
| Website | www.paragon-group.co.uk |
The Paragon Group of Companies plc is one of the United Kingdom's largest providers of mortgages and personal loans. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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[edit] History
The Company was established in 1985 as the National Home Loans Corporation.[2] It launched Homeloans Direct (now known as Paragon Mortgages) in 1995.[2] In 1997 it changed its name to the Paragon Group of Companies.[2] In 2003 it acquired Britannic Money.[3]
[edit] Operations
The Company is based in Solihull. Loan assets as at 30 September 2012 were £9.5 billion.[1]
[edit] References
- ^ a b c d Preliminary Results 2012
- ^ a b c Paragon Group of Companies
- ^ Paragon eyeing up Britannic Money Daily Telegraph, 25 May 2003
