United Trust Bank (UTB) has been named ‘Best Overall Business Savings Provider’ in the Moneynet Personal Finance Awards 2023.
Now in their 13th year, the awards recognise the best financial providers and products from the last twelve months.
UTB has continued to develop its savings offering to businesses and now offers a range of fixed term accounts from 3 months to 3 years and notice accounts with notice periods from 40 to 200 days.
Andrew Hagger, savings market expert and Chair of the Moneynet Awards Judging Panel, commented: “The tough economic back drop and cost of living crisis has made it another challenging year for providers and customers alike. Soaring inflation and rising interest rates have been key issues for consumers during 2022 and providers have had to respond accordingly.
“Despite these challenging times, the competition between providers has remained fierce throughout the year and there have been many eye-catching best buy deals, particularly in the fast moving and ultra-competitive savings space.
“We continue to celebrate innovative new product developments, which help people get more from their finances, and Moneynet is once again proud to recognise the best in market for their outstanding achievements.”
Brian Todd, Head of Deposits at United Trust Bank, commented: “We strive to provide competitive savings accounts backed by excellent customer service and we are delighted that our focus on delivering a great deal for business customers has been recognised.
“Our Deposits team have managed the additional challenges of operating in a frenetic market brilliantly and I would like to thank them for their hard work which has led to us winning this award.”