The company reported a loss before tax of £980,338, reflecting increased costs LONDON: Fiinu Plc, the fintech group behind the Plugin Overdraft® and recently re-admitted to trading on AIM following its acquisition of Everfex P.S.A., on Monday announced its unaudited half-year results for the six months ended June 30, 2025, underscoring strategic momentum and capital-raising…
LONDON: Secure Trust Bank PLC (STB.L), a UK-based specialist lender, reported a 36.3% rise in adjusted pre-tax profit to £23.3 million for the six months ended June 30, 2025, driven by strong income growth and tighter cost controls. The Group’s statutory profit before tax rose 30.4% to £22.3 million, while net lending increased 6.1% to…
Bank reports record corporate lending and lowest cost of deposits among UK high street competitors, signaling successful execution of turnaround strategy LONDON: Metro Bank Holdings PLC on Wednesday reported strong financial performance for the first half of 2025, with profits more than tripling due to strategic actions that included increased lending and reduced operating costs….
LONDON: NatWest Bank Group (NWB Group) on Friday reported an attributable profit of £1.85 billion for the first half of 2025, as income rose and operating costs remained stable. The group’s Common Equity Tier 1 (CET1) ratio stood at 11.3% for NWB Plc, down slightly from year-end 2024. Total income surged 8% year-over-year to £6.36…
BARCELONA: Banco Sabadell’s board agreed Tuesday to propose the sale of its British subsidiary, TSB, to Banco Santander for £2.9 billion (€3.4 billion) in cash, with the deal expected to close in the first quarter of 2026. The Spanish bank said it will recommend an extraordinary cash dividend of €0.50 per share, totaling about €2.5…