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United Kingdom

Provident Financial PLC (PFG.L)

PFG.L on London Stock Exchange

698.20GBp
19 Jan 2018
Change (% chg)

-13.60 (-1.91%)
Prev Close
711.80
Open
713.80
Day's High
713.80
Day's Low
685.60
Volume
924,310
Avg. Vol
1,676,074
52-wk High
3,284.00
52-wk Low
426.60

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Tue, Jan 16 2018

Provident Financial lays blame at doorstep as divisional losses rise

Provident Financial expects to report a loss of about 120 million pounds in its consumer credit division for 2017 as it struggles to win back customers following problems at its door-to-door lending business.

RPT-UPDATE 2-Provident Financial lays blame at doorstep as divisional losses rise

Jan 16 Provident Financial expects to report a loss of about 120 million pounds ($165 million) in its consumer credit division for 2017 as it struggles to win back customers following problems at its door-to-door lending business.

BRIEF-Provident Financial Sees CCD FY Pre-Exceptional Loss Of About 120 Mln Pounds

* CCD IS EXPECTED TO REPORT A FY PRE-EXCEPTIONAL LOSS OF C.£120M WHICH IS AT UPPER END OF GUIDANCE PROVIDED IN AUGUST 2017

Provident Financial sees FY loss of 120 mln stg at consumer credit unit

Jan 16 Provident Financial, which is battling unresolved problems at its door-to-door lending business, said it expected to report a pre-exceptional loss of about 120 million pounds ($165.49 million) at the consumer credit division, at the upper end of its guidance.

Subprime lender Non-Standard Finance's doorstep lending helped by Provident's woes

Jan 15 British subprime lender Non-Standard Finance reported a yearly jump in net loan book and customer numbers at its doorstep lending business, after recruiting hundreds of agents from its bigger but now struggling rival, Provident Financial Group.

Provident hit again as UK regulator opens new probe

Britain's financial watchdog has launched a second probe into Provident Financial's lending practices, dealing a fresh blow to a company struggling to revive its door-to-door operations and sending its shares down as much as 16 percent.

UPDATE 2-Provident hit again as UK regulator opens new probe

* Shares fall as much as 15.9 pct http://bit.ly/2BLIZBJ (Adds details, share movement, analyst comments)

Provident's Moneybarn unit being investigated by UK's FCA

Dec 5 British lender Provident Financial said the country's financial watchdog had opened an investigation into Moneybarn, its car and van financing arm.

BRIEF-Provident Financial Informed UK's FCA Starts Probe Into Moneybarn

* HAS BEEN INFORMED THAT FINANCIAL CONDUCT AUTHORITY (FCA) HAS COMMENCED AN INVESTIGATION INTO MONEYBARN

BRIEF-Provident Financial Says Exec Chairman To Lead Process To Appoint CEO

* PROVIDENT FINANCIAL PLC - ‍STUART SINCLAIR ASSUMES ROLE OF SENIOR INDEPENDENT DIRECTOR WITH IMMEDIATE EFFECT​

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