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ARBB Arbuthnot Banking Group Plc

1,070.00
5.00 (0.47%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arbuthnot Banking Group Plc LSE:ARBB London Ordinary Share GB0007922338 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 0.47% 1,070.00 1,040.00 1,100.00 1,717 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 181.44M 35.38M 2.1678 4.91 173.81M

Arbuthnot Banking Group PLC AGM Statement (7153N)

10/05/2018 3:26pm

UK Regulatory


Arbuthnot Banking (LSE:ARBB)
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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)

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