December 19, 2016 / 7:09 AM / 7 months ago

BRIEF-Arbuthnot says buys loan book from Duncan Lawrie

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Dec 19 (Reuters) - Arbuthnot Banking Group Plc

* Arbuthnot Latham has completed purchase of a private banking loan portfolio, which is mainly secured against residential property.

* Loans are being purchased from Duncan Lawrie.

* As at end-Oct. the portfolio had total customer balances of approximately 44.9 million pounds and comprised 83 customer accounts.

* Consideration of 42.7 million pounds will be satisfied in cash from group's resources. Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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