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OSB Group 9-month Net Loans Up 2%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

OSB Group plc (OSB.L), specialist lending and retail savings group, Wednesday said its net loans increased 2 percent in the nine months to September 30 to 26.3 billion pounds from 25.8 billion pounds in the same period a year ago.

For the full year, the company said its underlying net interest margin outlook is unchanged at 230bps-240bps.

"Looking forward, whilst challenges remain, there are signs of a gradual return of confidence in our core markets and we are seeing increased applications in our more cyclical businesses," said Andy Golding, CEO.

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