"Both banks have traded robustly and have delivered strong growth in lending volumes. Overall, customer loan balances finished the first quarter in excess of 20% higher than the previous year," Angest said at the banking group's annual general meeting.
Arbuthnot and its majority-owned challenger bank
Angest said both banks remain well funded and capitalised.
"The group is confident of developing its business and is well positioned to make further positive progress during the year," Angest told shareholders.
Angest, who chairs both banks, Wednesday told shareholders at
Arbuthnot shares were Thursday quoted at
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