Arbuthnot Banking Group H1 performance shows optimisation of franchise value
Arbuthnot Banking Group plc (LON:ARBB) 1H’24 results showed the group’s continued evolution to optimise its franchise value. 2023 saw the peak benefits from ABG’s relationship deposit franchise in the recent rising rate environment. Margins could be widened while still giving customers competitive products. 1H’24 profits fell £6m (-21% on 1H’23), as low-cost fixed deposits matured … Continue reading Arbuthnot Banking Group H1 performance shows optimisation of franchise value
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