Business
Trading Statement Update
Trading Statement Update.
About this update from Secure Trust Bank Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4003B\n Secure Trust Bank PLC\n 07 October 2020\n \n \n \n \n PRESS RELEASE\n \n \n Secure Trust Bank PLC\n \n \n LEI: 213800CXIBLC2TMIGI76\n \n \n 7 OCTOBER 2020\n \n \n For immediate release\n \n \n \n \n \n SECURE TRUST BANK PLC\n \n \n \n \n \n Deferral of announcement of Q3 2020 Trading Update \n \n \n \n \n Secure Trust Bank PLC announces that the publication of the Q3 2020 Trading Update of the Company and its subsidiaries (the \"Group\") for the period ended 30 September 2020 will be made on 22 October and not 15 October as previously contemplated. \n \n \n \n \n Enquiries: \n \n \n \n \n \n Secure Trust Bank PLC\n \n \n Paul Lynam, Chief Executive Officer\n \n \n Tel: 0121 693 9100\n \n \n \n \n \n Stifel Nicolaus Europe Limited (Joint Broker)\n \n \n Robin Mann\n \n \n Gareth Hunt\n \n \n Stewart Wallace\n \n \n Tel: 020 7710 7600\n \n \n \n \n \n Canaccord Genuity Limited (Joint Broker) \n \n \n Sunil Duggal\n \n \n David Tyrrell\n \n \n Tel: 020 7523 8000 \n \n \n Tulchan Communications \n \n \n Tom Murray\n \n \n Sheebani Chothani\n \n \n Tel: 020 7353 4200\n \n \n \n \n \n \n \n About the Company:\n Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 68 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 972 employees (full‐ time equivalent) as at 30 June 2020. The Group's diversified lending portfolio currently focuses on two sectors:\n (i) Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions,\n (ii) Consumer Finance through its Motor Finance, Retail Finance, Debt Collection and Consumer Mortgages divisions\n \n As at 30 June 2020 the Group's loans and advances to customers totalled £2,377.5 million, customer deposits totalled £1,999.2 million and the Group's total customer base was well over 1.6 million.\n \n Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.\n Secure Trust Bank, PLC, One Arleston Way, Solihull, B90 4LH.\n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved ...