Edition:
United Kingdom

BRIEF-Investec FY net interest income rises


Thursday, 17 May 2018 

Adds dropped words in headline:FY NET INTEREST INCOME OF 760.4 MILLION STG VERSUS 679.9 MILLION STG YEAR AGO.FY PROFIT BEFORE TAXATION OF 637.5 MILLION STG VERSUS 637.4 MILLION STG YEAR AGO.FY DILUTED HEADLINE EARNINGS PER SHARE 47.4 PENCE VERSUS 46.3 PENCE YEAR AGO.FY CORE LOANS AND ADVANCES INCREASED 11.6% TO GBP24.8 BILLION.BOARD PROPOSES A FINAL DIVIDEND OF 13.5 PENCE PER ORDINARY SHARE.FY CUSTOMER ACCOUNTS INCREASED 6.5% TO GBP31.0 BILLION.LIQUIDITY REMAINED STRONG WITH CASH AND NEAR CASH BALANCES AMOUNTING TO GBP12.8 BILLION.WEALTH & INVESTMENT AND ASSET MANAGEMENT BUSINESSES GENERATED SUBSTANTIAL NET INFLOWS, WITH ASSET MANAGEMENT EXCEEDING GBP100 BILLION OF FUNDS UNDER MANAGEMENT FOR FIRST TIME.FINAL QUARTER OF 2018 FINANCIAL YEAR HAS STARTED TO SEE AN UPLIFT IN SOUTH AFRICAN ECONOMIC OUTLOOK.