REG - Arbuthnot Banking - Annual General Meeting Statement - 2017 <Origin Href="QuoteRef">ARBB.L</Origin>

Arbuthnot BankingAnnouncement

04/05/2017 15:30

RNS Number : 2394E
Arbuthnot Banking Group PLC
04 May 2017
PRESS RELEASE
For immediate Release
4 May 2017
Arbuthnot Banking Group PLC
Annual General Meeting Statement - 2017
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 4 May 2017. 
At the meeting the Chairman, Sir Henry Angest, made the following statement: 
"The Group has had a good start to the year, and as already announced Arbuthnot Latham completed the acquisition of Renaissance Asset Finance on 28 April.
Lending balances are more than 36% higher than the previous year and are 16% higher than at the year end.
Customer Deposits for Arbuthnot Latham have increased beyond 1bn for the first time and now stand at 1.1bn.
The Group continues to grow its current businesses, while remaining open to further opportunities that may arise. We are confident of making good progress during the rest of the year."
-ENDS-
Enquiries: 
Arbuthnot Banking Group
Sir Henry Angest, Chairman and Chief Executive
Andrew Salmon, Chief Operating Officer
James Cobb, Group Finance Director
020 7012 2400
Stifel Nicolaus Europe Ltd trading as KBW (Nomad and Joint Broker)
Robin Mann
Gareth Hunt
Stewart Wallace
0207 710 7600
Numis Securities Ltd (Joint Broker)
Chris Wilkinson
0207 260 1000
Bell Pottinger (Financial PR)
Sam Cartwright
0203 772 2588

This information is provided by RNS
The company news service from the London Stock Exchange
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