REG - Arbuthnot Banking - AGM Statement

Arbuthnot BankingAnnouncement

10/05/2018 15:30

2018-05-10T14:26:56.515Zreuters.comtag:reuters.com,2018-05-10:newsml_RSJ7153Na:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-10T14:26:56.515Z2018-05-10T14:26:56.515Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-10T14:26:56.515Z3RSJ7153NaREG - Arbuthnot Banking  - AGM StatementLEGACY: Financials (TRBC)LEGACY: Banking & Investment Services (TRBC)Banking Services (TRBC level 3)Banks (TRBC level 4)Retail & Mortgage Banks (TRBC level 5)Financials (TRBC level 1)Banking & Investment Services (TRBC level 2)Western EuropeUnited KingdomEuropeSuggested SourcesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesArbuthnot Banking Group PLC








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




 



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