Secure Trust Bank deposits strong set of results
SOLIHULL’S Secure Trust Bank has seen its profits increase by 52% on a year on year basis.
Posting its annual results for the year ending December 31, it recorded underlying profit before tax of £25.2m compared to £16.6m in 2012.
Secure Trust - which emphasises its “simple, straightforward banking philosophy” - has seen an increase in overall customer numbers of 51% to 350,861 and an increase in customer lending balances of 31% to £391m.
Its operating income increased by 68% to £79m (2012:... 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...
