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Shawbrook Group Confirms No Lending Exposure to Blue Motor Finance

MT Newswires·05/06/2026 00:02:20
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12:02 AM EDT, 05/06/2026 (MT Newswires) -- Shawbrook Group (SHAW.L) clarified on Tuesday that it has no lending exposure to motor finance provider Blue Motor Finance. The British digital banking platform operator made the statement amid reports that Blue Motor is on the verge of administration. Shawbrook said it did not renew its forward flow agreement for the acquisition of Blue Motor-originated loan assets in February. The company also affirmed its previous declaration of immaterial exposure to the UK Financial Conduct Authority's proposed motor finance redress scheme.