CYBG enjoys rise in mortgage lending but sees slower growth



The Clydesdale and Yorkshire banking group (CYBG) has notched up a hike in first quarter mortgage lending, but warned growth would slow amid competition in the sector.
Glasgow-based CYBG, which demerged from former owner National Australia Bank in 2016, said its mortgage book swelled to £23.9bn in the three months to the end of December, up 7.4 per cent on an annual basis.
It said the mortgage market remained highly competitive, which has hit its net interest margins.
It added growth in home loans will slow, although it continues to expect a “mid-single digit” percentage increase for the... read more

 
30 January 2018 in Yorkshire & Humber, Views: 40
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28