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IN BRIEF: Distribution Finance Unit Secures Banking Licence

29th Sep 2020 13:13

Distribution Finance Capital Holdings PLC - Manchester-based capital provider to dealers and manufacturers - UK Prudential Regulation Authority authorises subsidiary Distribution Finance Capital Ltd as a bank. To launch personal savings products to retail customers over the coming weeks through a digitised and paperless account opening process. Distribution Finance Capital to be renamed DF Capital Bank Ltd.

Current stock price: 56.25 pence

Year-to-date change: down 38%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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