PRESS RELEASE
For immediate Release
4 May 2017
Arbuthnot Banking Group PLC
Annual General Meeting Statement - 2017
The Board of Arbuthnot Banking Group PLC ("ABG" or "the Group") announces that shareholders approved all the resolutions proposed at the Annual General Meeting held today Thursday 4 May 2017.
At the meeting the Chairman, Sir Henry Angest, made the following statement:
"The Group has had a good start to the year, and as already announced Arbuthnot Latham completed the acquisition of Renaissance Asset Finance on 28 April.
Lending balances are more than 36% higher than the previous year and are 16% higher than at the year end.
Customer Deposits for Arbuthnot Latham have increased beyond £1bn for the first time and now stand at £1.1bn.
The Group continues to grow its current businesses, while remaining open to further opportunities that may arise. We are confident of making good progress during the rest of the year."
-ENDS-
Enquiries:
Arbuthnot Banking Group Sir Henry Angest, Chairman and Chief Executive Andrew Salmon, Chief Operating Officer James Cobb, Group Finance Director |
020 7012 2400 |
Stifel Nicolaus Europe Ltd trading as KBW (Nomad and Joint Broker) Robin Mann Gareth Hunt Stewart Wallace |
0207 710 7600 |
Numis Securities Ltd (Joint Broker) Chris Wilkinson |
0207 260 1000 |
Bell Pottinger (Financial PR) Sam Cartwright |
0203 772 2588 |
