Brief: Secure Trust Bank To Increase Motor Finance Redress Provision By £16 Million
20/10/2025 07:27
Oct 20 (Reuters) - Secure Trust Bank PLC STBS.L: SECURE TRUST BANK PLC - STB TO INCREASE MOTOR FINANCE REDRESS PROVISION BY £16 MILLION SECURE TRUST BANKPLC - FCA CONSULTATION ON MOTOR FINANCE REDRESS SECURE TRUST BANK PLC - STB EXPECTS £16 MILLION PROVISION TO REDUCE CET1 RATIO BY 50 BPS SECURE TRUST BANK PLC: EXPECTS TO INCREASE PROVISION FOR MOTOR FINANCE CONSUMER REDRESS AND RELATED COSTS BY £16 MILLION TO £21 MILLION SECURE TRUST BANK PLC: IF FCA SCHEME IMPLEMENTED ENTIRELY, GROUP TO INCREASE PROVISION FOR REDRESS BY FURTHER £6 MILLION Source text: ID:nRST9969Da Further company coverage: STBS.L ((Reuters.Briefs@thomsonreuters.com;))