3 June 2020 - interim results

The AIM-listed specialist banking group has issued interim results covering the six months to 31 March with this period producing a strong performance despite the last few weeks being affected by coronavirus.  New business originations rose 26% to £153m (2019: £121m) and the overall loan portfolio rose 18% to £401m (2019: £339m).  The bank had retail deposits of £340m at the end of the year (Sept 2019: £267m) with over 7,800 customers (Sept 2019: 6,250).    Operating income for the period increased by 26% to £12.7m (2019: £10.1m) and underlying pre . . .

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