Secured Corporate Deposits
Protect your cash with secured corporate deposits at Perenna Bank, while attaining the liquidity to suit your needs and earning competitive returns. Simple.
Security
Your funds are guaranteed by investment-grade securities, providing protection against insolvency and market stress.
Liquidity
Perenna Bank will work with you directly to provide a product tailored to your cash management needs.
Yield
Perenna Bank offers competitive rates compared to unsecured deposits offered by other banks.
What is an eligible corporate depositor?
This can be any qualifying corporate depositor as per the Financial Conduct Authority’s definition. This can be found here.
We are happy to assess your eligibility and guide you through the process.
What are the security arrangements for depositing with Perenna Bank?
Perenna Bank has arranged with King & Shaxson (K&S) and CSC Trustees (CSC) to provide the safeguarding of deposit securities in the event there is a failure to repay. All deposits are secured against investment grade collateral that is held in a segregated custody account with K&S, with security right granted to CSC. This arrangement provides robust legal protection for depositors in case of insolvency.
About Perenna Bank
Perenna Bank is a dual regulated bank. Perenna Bank offers regulated mortgages to customers in England & Wales and offers wholesale deposits to qualifying wholesale counterparties. Eligible counterparties may qualify for FSCS protection. Check on the FSCS website if you are eligible for added security, or contact us.
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Work with us
Perenna Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 956138. Perenna Bank PLC is a company registered in England and Wales with company number 13084174. Our registered office is at 20 Eastbourne Terrace LONDON W2 6LG.
VAT number: 439664553
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