Secure Trust Bank new business loans hit record in Q4

Secure Trust Bank new business loans hit record in Q4

“While we remain mindful of the continued impacts of the pandemic on the macroeconomic environment, our performance has heightened our confidence in delivering our growth ambitions,” Chief Executive David McCreadie said. The company achieved record levels of new lending in real-estate finance, vehicle finance and retail finance, it said.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix The London-listed private and commercial bank said total new-business lending rose in the fourth quarter to a record of 471.1 million pounds ($645.6 million), which was 52% higher than in the fourth quarter of 2020.

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