Arbuthnot Banking Chairman Reports Good Start To 2016

Thu, 05th May 2016 14:40

LONDON (Alliance News) - Arbuthnot Banking Group PLC has had a good start to 2016, Chairman Henry Angest told shareholders Thursday, with overall lending volumes higher than a year earlier.

At the end of the first quarter, customer loan balances have increased by more than 30% compared to the prior year, Angest said at the company's annual meeting.

Shares in Arbuthnot were up 2.7% at 1,510.00 pence Thursday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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