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8 May 2014 15:18
PRESS RELEASE
For immediate Release
8 May 2014
ARBUTHNOT BANKING GROUP PLC
Annual General Meeting Statement - 2014
The Board of Arbuthnot Banking Group PLC ("ABG" or "the Group") announces that shareholders approved all the resolutions proposed at the Annual General Meeting held today Thursday 8 May 2014.
At the meeting the Chairman, Henry Angest, made the following statement:
"The Group has started the year well. Both banks have traded robustly and have delivered strong growth in lending volumes. Overall, customer loan balances finished the first quarter in excess of 20% higher than the previous year.
"In accordance with our cautious management of the balance sheet, both banks remain well funded and capitalised.
"The Group is confident of developing its business and is well positioned to make further positive progress during the year."
-ENDS-
Note Secure Trust Bank PLC issued its AGM statement on 7 May 2014 and this should be read in conjunction with this statement.
ENQUIRIES:
Arbuthnot Banking Group | |
Henry Angest, Chairman and Chief Executive | 020 7012 2400 |
Andrew Salmon, Chief Operating Officer | |
James Cobb, Group Finance Director | |
David Marshall, Director of Communications | |
Canaccord Genuity Ltd (Nominated Advisor) | |
Lawrence Guthrie | 020 7665 4500 |
Sunil Duggal | |
Numis Securities Ltd (Broker) | |
Chris Wilkinson | 020 7260 1000 |
Mark Lander | |
Bell Pottinger (Financial PR) | |
Ben Woodford | 020 7861 3917 |
Dan de Belder |
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