Double Success for Widows Bank As Profits and Funds Hit New Highs
Linked as:
Summary
SCOTTISH Widows Bank, the telephone mortgage and deposits bank, celebrated its 11th year in existence by breaking through the GBP 25 million profits level and the GBP 5 billion barrier for funds under management.
The Edinburgh-based firm, part of the Lloyds TSB Group, also posted an increase of 31 per cent in mortgages, taking lending to GBP 4.6bn for 2005, while customer deposits grew by 12 per cent to GBP 2.5bn.See the full content of this document
Extract
Double Success for Widows Bank As Profits and Funds Hit New Highs
Pre-tax profits were up 4 per cent to GBP 25.6 million, which would put the bank among the top ten building societies. The per...
See the full content of this document
Sponsored links
