AGM Statement

RNS Number : 6354G

Arbuthnot Banking Group PLC

08 May 2014

 



PRESS RELEASE

For immediate Release

8 May 2014

ARBUTHNOT BANKING GROUP PLC

Annual General Meeting Statement - 2014

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 8 May 2014.

At the meeting the Chairman, Henry Angest, made the following statement:

"The Group has started the year well. Both banks have traded robustly and have delivered strong growth in lending volumes. Overall, customer loan balances finished the first quarter in excess of 20% higher than the previous year.

"In accordance with our cautious management of the balance sheet, both banks remain well funded and capitalised.

"The Group is confident of developing its business and is well positioned to make further positive progress during the year."

-ENDS-

Note Secure Trust Bank PLC issued its AGM statement on 7 May 2014 and this should be read in conjunction with this statement.

ENQUIRIES:

Arbuthnot Banking Group
Henry Angest, Chairman and Chief Executive	020 7012 2400
Andrew Salmon, Chief Operating Officer
James Cobb, Group Finance Director
David Marshall, Director of Communications
Canaccord Genuity Ltd (Nominated Advisor)
Lawrence Guthrie	020 7665 4500
Sunil Duggal
Numis Securities Ltd (Broker)
Chris Wilkinson	020 7260 1000
Mark Lander
Bell Pottinger (Financial PR)
Ben Woodford	020 7861 3917
Dan de Belder

 

END

 

 

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