New banking arrangement sees Barclays represent Murray Capital
Barclays has been appointed sole banker for Edinburgh-headquartered private investment firm Murray Capital.
It has entered into a major new banking arrangment with the family-run business, which has ended a longstanding relationship with its previous provider.
Jamie Grant, Head of Corporate Banking for Barclays in Scotland, said: “Murray Capital has diversified and grown over the past few years and was looking for a bank that shared its future vision. We worked closely with the management team to understand their requirements; this relationship approach underpins all of Barclays’ services.
“The changing economic landscape can pose challenges for Scottish businesses and we are keen to work with ambitious companies like Murray Capital to navigate uncertainties and maximise their potential.”
David D. Murray, Director of Murray Capital, said: “The new banking arrangement with Barclays represents a step change for the business as we plan for future growth. It allows us more flexibility in our finances and Barclays’ collegiate approach impressed us throughout the process. We see this as a strong financial partnership to guide Murray Capital’s ongoing success.
“We have invested in a healthy pipeline of strategic land assets across central Scotland, as well as trading businesses, and will continue to welcome opportunities in both.”