Brief: Vanquis Banking To Deliver Additional 15 Mln Stg Cost Savings By 2025 End

Vanquis Banking

01/08/2024 07:38

Aug 1 (Reuters) - Vanquis Banking Group PLC  VANQ.L :
    * STRATEGIC PLAN UPDATED AFTER ONE-OFF WRITE DOWNS
    * MID-TEENS ROTE TARGET IN 2026 MAINTAINED
    * FURTHER BUSINESS STREAMLINING TO DELIVER AN ADDITIONAL
£15M OF
COST SAVINGS BY END OF 2025
    * DOES NOT PROPOSE TO PAY AN INTERIM DIVIDEND FOR 1H24

Source text for Eikon:  ID:nRSA7520Ya 
Further company coverage:  VANQ.L 

 ((Reuters.Briefs@thomsonreuters.com;))