11:26 Thu 10 May 2018
Arbuthnot Banking - AGM Statement
Annual General Meeting Statement - 2018
The Board of
At the meeting the Chairman, Sir
"The Group has had a good start to the year with Customer Loans and Deposits at the end of April increasing 18% and 37% respectively compared to the same time last year.
In line with the Group's strategy of diversifying the lending businesses, our Asset Based Lending division is now open for business and funded its first client loan last Friday, almost two months ahead of schedule.
Overall the Group has continued to grow and despite seeing increased competition in the private banking lending market, we expect to make further progress during the rest of the year."
Enquiries:
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0207 012 2400 |
Sir
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0207 710 7600 |
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0207 260 1000 |
Maitland
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020 7379 5151 |
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