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Graeme Hartop By Scott Wright SCOTTISH boutique bank Hampden & Co has narrowed losses after driving income up by 18 per cent to more than £10 million during the pandemic, new results show. Edinburgh-based Hampden has booked a statutory loss before tax of £4.1 million for the year ended December 31, compared with £5.5m in its previous accounts. Chief executive Graeme Hartop declared the bank had shown its appeal to new and existing customers amid the coronavirus crisis, as Hampden saw client deposits rise by 22% to £501.2m. Loans and advances surged by 60% to £326.3m. Mr Hartop, the veteran banker who joined Hampden after it was launched by Ray Entwistle in 2013, said: “Our focus on delivering a personalised banking service helped our existing clients to navigate the impact of the pandemic and we attracted many new clients by being accessible, particularly as some mainstream banks declined new accounts and directed clients online or to call centres.”

United kingdomCity ofRay entwistleDavid huntleyFinlay williamsonCaroline taylorGraeme hartopSimon millerGoldman sachsNatwest groupCanaccord genuity groupAdam companyHampden coAdam coEdinburgh based hampdenVirgin money