London - 25 September 2014- Silicon Valley Bank, the bank of the global innovation economy, has been recognised as 'Service Provider of the Year' for the third year in a row at the Investor Allstars Awards, 2014.

The award recognises Silicon Valley Bank's strong client relationships and contribution to driving the industry forward. The event took place at The Lancaster, with some of the world's biggest entrepreneurs, venture capital and private equity firms in attendance.

Phil Cox, Head of EMEA and India and President of the UK Branch for Silicon Valley Bank, said: "This accolade is a testament to the efforts of everyone in the Silicon Valley Bank UK team. We are dedicated to the innovation market and work incredibly hard to support our technology, life science, and private equity and venture capital businesses through every stage of their life cycle. We're particularly proud of our record at the Investor Allstars awards because they are voted for on the night by the investor community."

Silicon Valley Bank has had a presence in the UK since 2004 through its affiliate, SVB Financial Group UK Limited, and launched its commercial banking services in 2012. Today, Silicon Valley Bank supports the UK's thriving innovation economy, including clients such as Brandwatch, Index Ventures, Shazam and Monitise.

--Ends-

About Silicon Valley Bank

Silicon Valley Bank is the premier bank for technology, life science, venture capital, private equity and premium wine businesses. SVB Financial Group provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 U.S. offices and six international operations.  (Nasdaq: SIVB) www.svb.com/uk

Silicon Valley Bank is registered in England and Wales at 41 Lothbury, London EC2R 7HF, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Silicon Valley Bank is a subsidiary of SVB Financial Group, a Delaware corporation and is an affiliate of SVB Financial Group UK Limited. SVB Financial Group UK Ltd is registered in England and Wales at 41 Lothbury, London EC2R 7HF, UK under No. 5572575 and is authorised and regulated by the Financial Conduct Authority, with reference number 446159. SVB Financial Group and its subsidiary Silicon Valley Bank are members of the Federal Reserve System and Silicon Valley Bank is a member of the FDIC.

Contact:

Nicola Koronka

Silicon Valley Bank - UK Branch

T: +44 (0)20 7367 7839

nkoronka@svb.com

distributed by