
Why Scotland deserves more than a remote approach
Conor McDermott, director of SME lending at LHV Bank, discusses why building a genuine presence in Scotland matters for commercial lenders.

Conor McDermott, director of SME lending at LHV Bank, discusses why building a genuine presence in Scotland matters for commercial lenders.

The appointment is effective immediately and comes as LHV Bank aims to double its Scottish loan book over the coming years.

The deal included an initial interest-only period, followed by capital and interest repayments based on a 20-year amortisation profile.

The transaction was structured around a portfolio of properties with long-term leases to housing providers, including several HMO properties.

Conor McDermott, director of SME lending at LHV Bank, discusses the contrasting conversations at MIPIM in Cannes and UKREiiF in Leeds.

LHV Bank has completed two specialist buy-to-let transactions worth around £22m to support the acquisition of 253 residential properties leased to a social housing operator.

Michael Thompson, lending director at LHV Bank, discusses how industrial property remains resilient but certainty is now key in deal-making.

The initiative will focus on email-based communications and assess how AI systems can support customer service teams in handling enquiries more efficiently and consistently.

Appointment supports expansion of UK retail proposition following unsecured lending approval.

Liam Grimes has been promoted to senior portfolio manager and Jane Woodruff has also been promoted to senior operations manager.

Erki Kilu is set to replace Kadri Kiisel as chairman of the management board of LHV Pank from 1st April 2026, subject to supervisory board and ECB approval.

LHV Bank recorded £1.1bn in deposits and £0.7bn in lending in 2025, delivering profit after tax of £5m and continued growth across retail and SME banking.
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