First half profits have surged 84 per cent for the Birmingham arm of Swedish banking group Handelsbanken.
Branch manager Patrick Hanlon said the outlet was delighted to increase lending volumes by more than £150 million in the last quarter.
He added: "Our personal banking business now looks after more than 200 professionals, senior directors, and entrepreneurs from the local business community. We think the ease of access to highly empowered managers lies behind the support we are receiving from the marketplace."
The bank is due to open a branch in Wolverhampton. Mike Priddy, previously with HBoS and Barclays, has been appointed branch manager.
The announcement was made after second-quarter results saw shares wobble on worries about earnings from core activities.
Earnings before interest and tax rose 10.8 per cent to 4.1 billion Swedish kroner (£306 million), against an average forecast of 3.8 billion (£283 million). Total income rose to 7.39 billion crowns (£551 million) from 6.47 billion (£482 million) a year ago.
However, most gains came from volatile trading and market-related activities, while core income from lending and commissions in areas such as brokerage came in below expectations.
"The net commission income was a bit lower than expected," said Fischer Partners analyst Henrik Ekenman.