Arbuthnot Banking Group PLC AGM Statement (7153N)
11 May 2018 - 12:26AM
UK Regulatory
TIDMARBB
RNS Number : 7153N
Arbuthnot Banking Group PLC
10 May 2018
10 May 2018
Arbuthnot Banking Group PLC
Annual General Meeting Statement - 2018
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, 10 May 2018.
At the meeting the Chairman, Sir Henry Angest, made the
following statement:
"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:
Arbuthnot Banking Group 0207 012 2400
Sir Henry Angest, Chairman and Chief Executive
Andrew Salmon, Group Chief Operating Officer
James Cobb, Group Finance Director
Stifel Nicolaus Europe Ltd trading as KBW (Nomad
and Joint Broker) 0207 710 7600
Robin Mann
Gareth Hunt
Stewart Wallace
Numis Securities Ltd (Joint Broker) 0207 260 1000
Chris Wilkinson
Maitland
Sam Cartwright 020 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMAMMITMBTBBJP
(END) Dow Jones Newswires
May 10, 2018 10:26 ET (14:26 GMT)
Arbuthnot Banking (LSE:ARBB)
Historical Stock Chart
From Apr 2024 to May 2024
Arbuthnot Banking (LSE:ARBB)
Historical Stock Chart
From May 2023 to May 2024