British bank Shawbrook reported a jump in first-quarter underlying pretax profit on Thursday, and said it would grow customer loan balances to 8.5 billion pounds ($12.34 billion) by 2020.
Shawbrook bank posts rise in Q1 underlying profit
The lender, which was founded in 2011 and went public last year, said underlying pretax profit rose 20 percent to 22.3 million pounds for the quarter ended March 31.
UK voters fear Scottish independence more than leaving EU-poll
The bank's net loans and advances grew 6 percent to 3.57 billion pounds in the period.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Oyo govt justifies demolition of Yoruba Nation agitators’ building
NAFDAC raids popular supermarket in Abuja for selling counterfeit products
Iranian morality police crack down on women who don't wear headscarves
FG sets up committee to compensate landowners affected by Lagos-Calabar road project
Kano Gov remains a bona fide member of our party - NNPP debunks suspension
We need ₦3.2trn to pay electricity subsidy in 2024 - FG
Tinubu's proactive approach to security threats yielding results, Ribadu claims
You will not walk alone - Gov Oyebanji assures late APC chairman’s family
Troops end 3 senior terrorist commanders, 189 others, arrest 341 suspects
Pulse Sports
Lionel Messi's son breaks the internet after scoring five goals for Inter Miami
Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe
Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024
ADVERTISEMENT