OneSavings Bank PLC (OSBO.L)
12 Nov 2018
Thu, Nov 8 2018
Nov 8 OneSavings Bank Plc raised its lending growth guidance forecast to about 20 percent on Thursday, its second increase in three months, as it benefited from a focus on providing mortgage credit to bigger, professional landlords.
Nov 8 OneSavings Bank Plc raised its full-year net loan book growth guidance to about 20 percent on Thursday, helped by its focus on bigger, professional landlords and a strong pipeline for the final quarter.
OneSavings Bank Plc , one of Britain's new breed of challenger banks, warned of the potential impact of a hard Brexit on the UK housing market over the next year, overshadowing largely upbeat results and sending its shares lower.
* Regulatory changes on buy-to-let mortgages dampening demand
Aug 23 Specialised lender OneSavings Bank Plc saw first-half underlying pre-tax profit jump 17.1 percent as its focus on mortgage lending to bigger, professional landlords paid off.