Record profits for Secure Trust Bank
Solihull-based banking group, Secure Trust Bank, has announced record profits, boosted by the sale last year of one of its operations.
Group profit after tax for the year to December 31, 2016 was £137.5m. This included profit on disposal of the Everyday Loans Group, which it disposed of in the first half of last year.
The bank, which announced on Monday that it was moving into the Mortgages market, said it had traded strongly throughout the year, generating underlying pre-tax profit - which excludes the profit on the ELG dispos... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
