Latest press releases

This is where you can search for press releases from SAV Credit, business stories and a range of other background information.

• 11th October 2011 - SAV Credit appoints Ali Chaudhry Managing Director and Chief Risk Officer

  SAV Credit Limited, the UK's leading specialist credit card provider, has appointed Ali Chaudhry as Managing Director and Chief Risk Officer further strengthening... read more

• 27 September 2011 - Värde partners acquires SAV Credit to support further expansion

  Värde Partners has agreed to acquire SAV Credit Limited, the UK’s leading specialist credit card provider, from majority shareholders Palamon Capital Partn... read more

• 10 May 2011 - SAV Credit Expands Executive Team

  SAV Credit Limited, the UK’s leading specialist credit card provider, has appointed Stephen Rowland to the newly-created role of General Counsel and Chief Admin... read more

• 6 April 2011 - SAV Credit Strengthens Funding with £265 Million Refinancing

  SAV Credit Limited, the UK’s leading specialist credit card provider, has widened and strengthened its funding support by closing on two-year loan facilities ... read more

• 22 November 2010 - SAV Credit Completes Opus Switch

  SAV Credit Limited, the UK’s leading specialist credit card provider, has successfully completed the switch of former CitiFinancial Europe customers to new Opus... read more

• 21 June 2010 - Sir Malcolm Williamson Appointed Chairman of SAV Credit

  Sir Malcolm Williamson has been appointed Chairman of SAV Credit Limited, the UK’s leading specialist credit card provider. This strengthening of SAV’s Bo... read more

• 19 March 2010 - SAV Credit completes Citi Cards deal

  SAV Credit Limited, the UK’s leading specialist credit card provider, has completed a transaction involving the purchase of the Citi branded credit card portfol... read more

• 25 February 2009 - SAV Credit appoints Chief Executive Officer

  SAV Credit Ltd, the UK’s leading non-prime credit card provider, has appointed James Corcoran as Chief Executive Officer. Mr Corcoran has a long and distinguis... read more

• 6 January 2009 - SAV Credit appoints Chief Financial Officer

  SAV Credit Limited, the leading non-prime credit card provider, has appointed a former Lloyds TSB senior executive to the key role of Chief Financial Officer as it co... read more

• 10 July 2008 - SAV Credit appoints Managing Directors

  SAV Credit Limited, the leading non-prime credit card provider, has appointed Allan Silverman and Dave Smith as Managing Directors in a move aimed at further strength... read more

• 30 Oct 2007 - SAV Credit acquires marbles credit card brand

  SAV Credit Limited has completed the purchase of a portfolio of credit card accounts from HSBC Bank plc for a consideration of approximately £385 million. The a... read more

• 15 March 2006 - SAV Credit secures £140 Million Package for Further Expansion

  SAV Credit Limited ("SAV"), a provider of credit cards and financial services products to consumers who are overlooked by mainstream financial services provid... read more

• 2 December 2005 - SAV Credit appoints New Non-Executive Chairman

  SAV Credit Limited (“SAV”) has appointed John Crewe as non-executive chairman to assist in planned major expansion of the specialist credit card and finan... read more

• 26 July 2005 - SAV secures £75 Million debit facility

  SAV Credit Limited ("SAV") has closed a £75 million portfolio funding facility led by Credit Suisse First Boston ("CSFB") and provided by CSFB a... read more