Secure Trust Bank PLC Trading Statement Update (4003B)
07 October 2020 - 10:31PM
UK Regulatory
TIDMSTB
RNS Number : 4003B
Secure Trust Bank PLC
07 October 2020
PRESS RELEASE
Secure Trust Bank PLC
LEI: 213800CXIBLC2TMIGI76
7 OCTOBER 2020
For immediate release
SECURE TRUST BANK PLC
Deferral of announcement of Q3 2020 Trading Update
Secure Trust Bank PLC announces that the publication of the Q3
2020 Trading Update of the Company and its subsidiaries (the
"Group") for the period ended 30 September 2020 will be made on 22
October and not 15 October as previously contemplated.
Enquiries:
Secure Trust Bank PLC
Paul Lynam, Chief Executive Officer
Tel: 0121 693 9100
Stifel Nicolaus Europe Limited (Joint Broker)
Robin Mann
Gareth Hunt
Stewart Wallace
Tel: 020 7710 7600
Canaccord Genuity Limited (Joint Broker)
Sunil Duggal
David Tyrrell
Tel: 020 7523 8000
Tulchan Communications
Tom Murray
Sheebani Chothani
Tel: 020 7353 4200
About the Company:
Secure Trust Bank is an established, well--funded and
capitalised UK retail bank with a 68 year trading track record.
Secure Trust Bank operates principally from its head office in
Solihull, West Midlands, and had 972 employees (full-- time
equivalent) as at 30 June 2020. The Group's diversified lending
portfolio currently focuses on two sectors:
(i) Business Finance through its Real Estate Finance, Asset
Finance and Commercial Finance divisions,
(ii) Consumer Finance through its Motor Finance, Retail Finance,
Debt Collection and Consumer Mortgages divisions
As at 30 June 2020 the Group's loans and advances to customers
totalled GBP2,377.5 million, customer deposits totalled GBP1,999.2
million and the Group's total customer base was well over 1.6
million.
Secure Trust Bank PLC is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and the
Prudential Regulation Authority.
Secure Trust Bank, PLC, One Arleston Way, Solihull, B90 4LH.
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END
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