Virgin Money's pre-tax profits jump 32% to Â£124mwritten by Bella Palmer
The Edinburgh-headquartered bank said consumer loan balances rose 7.0 per cent on last year, pegged by a “disciplined approach to lending growth and high underwriting standards”.
On an underlying basis, profits for the six months to 30 June rose 26 per cent to £128.6 million.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.