Arbuthnot Banking Group PLC AGM Statement (2355N)

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RNS Number : 2355N

Arbuthnot Banking Group PLC

14 May 2015

ARBUTHNOT BANKING GROUP PLC

Annual General Meeting Statement 2015

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 14 May 2015.

At the meeting the Chairman, Henry Angest, made the following statement:

"Again 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 60% higher than the previous year.

"In accordance with our conservative management of the balance sheet, both banks remain well funded and capitalised.

"The Group will continue to develop its business in a prudent fashion and is well positioned to make further progress during the year."

-ENDS-

Note: Secure Trust Bank PLC issued its AGM statement on 13 May 2015 and this should be read in conjunction with this statement.

 
 ENQUIRIES: 
 Arbuthnot Banking Group PLC                   020 7012 2400 
 Henry Angest, Chairman and Chief 
  Executive 
 Andrew Salmon, Chief Operating 
  Officer 
 James Cobb, Group Finance Director 
 David Marshall, Director of Communications 
 Canaccord Genuity Ltd (Nominated 
  Advisor)                                     020 7665 4500 
 Sunil Duggal 
 Numis Securities Ltd (Broker)                 020 7260 1000 
 Chris Wilkinson 
 Mark Lander 
 Bell Pottinger (Financial PR)                 020 3772 2563 
 Ben Woodford 
 Zoe Pocock 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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