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Secure Trust Bank Says CFO Neeraj Kapur Notifies Board Of His Decision To Resign
Secure Trust Bank Blames Slowing Loan Demand In September On Brexit Jitters
Secure Trust Bank Says Taken Provision For UK Car Market Asset Value Fall
Secure Trust Bank PLC is a United Kingdom-based retail bank. The Company’s diversified lending portfolio focuses on two sectors: Business Finance and Consumer Finance. The Company focuses on Business Finance sector through its Real Estate Finance Asset Finance and Commercial Finance divisions. The Company focuses on Consumer Finance sector through its Motor Finance and Retail Finance divisions. The Company’s lending business is sourced through selected business partners and through online channels.
SolihullWest Mids, 1 Arleston Way
Non-Executive Chairman of the Board
Paul Anthony Lynam
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Independent Non-Executive Director
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Secure Trust Bank Plc said on Wednesday consumers and businesses were more cautious in taking loans ahead of the planned Oct. 31 deadline for Brexit, with the company recording slower demand last month.
Secure Trust Bank Plc said on Wednesday demand for loans had slowed in September as consumers and businesses were more cautious ahead of the planned Oct. 31 deadline for Brexit.
Secure Trust Bank <STBS.L> said on Wednesday that a 14% drop in the value of used cars on average during the first half of the year had led to higher provisions at its recently launched vehicle finance business.
Secure Trust Bank Plc said on Wednesday its earnings for the first four months of the year were slightly ahead of its expectations, but warned that smaller businesses were delaying some transactions as they wait for clarity over Brexit.
Secure Trust Bank Plc <STBS.L> said on Wednesday that it would look to stop taking on new residential mortgages in the face of stiff competition and a cooling housing market in Britain.
Secure Trust Bank Plc said on Wednesday that it would look to stop taking on new residential mortgages in the face of stiff competition and a cooling housing market in Britain.
The head of Secure Trust Bank <STBS.L> said it had seen a drop in demand for loans to housebuilders as Britain prepares for its divorce from the European Union and wage growth slows.
* FY UNDERLYING PROFIT BEFORE TAX INCLUDING PLD OF £31.3M, UP 14.7%
Secure Trust Bank said it continued to reposition its lending portfolios away from higher-risk consumer lending during the final quarter of 2017 and was looking for deals this year.
* SECURE TRUST BANK PLC - ANNOUNCES THAT BOARD OF STB INTENDS TO APPOINT DELOITTE LLP AS ITS AUDITOR
Secure Trust Bank <STBS.L> maintained its cautious stance on consumer lending due to ongoing economic uncertainty and regulatory warnings, as it reported growth in its loan book for the third quarter.
* GROUP'S LOAN BOOK HAS CONTINUED TO GROW AND BUSINESS HAS TRADED IN LINE WITH MANAGEMENT EXPECTATIONS DURING Q3
Secure Trust Bank said it further tightened its credit risk appetite and acceptance criteria for small- and medium-sized customers over the first six months of the year, on slowing economic growth and heightened levels of uncertainty.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.