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IN BRIEF: Manx Financial Group enters debt management market

4th Jun 2021 17:37

Manx Financial Group PLC - financial services firm - Obtains a variation of permissions from the UK Financial Conduct Authority for its subsidiary Manx Collections Ltd to manage and collect debt on behalf of third-party lenders operating in the UK. "The FCA's approval allows Manx Collections to work with businesses facing problems using debt adjusting and debt counselling permissions to review and restructure exposures," explains Executive Director Douglas Grant.

Current stock price: 7.95 pence, up 2.6% on Friday

Year-to-date change: down 4.2%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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