14th May 2018 12:17
LONDON (Alliance News) - Consumer finance company Non-Standard Finance PLC said on Monday that trading in its recently ended financial year was in line with management expectations.
For the year ended March 13, the group's Everyday Loans segment saw strong loan book growth, with risk adjusted margins set to remain strong and in-line with the year before. The George Banco and TrustTwo brands saw record volumes month-on-month, reflecting strong market demand.
In home credit, Loans at Home saw good loan book growth and remains on course to achieve its target of 20% in the current year, as the large number of new agents recruited in 2017 continues to raise the number of customers.
With long-term funding, Non-Standard Finance remains confident in the outlook for the year.
Shares in Non-Standard Finance were up 3.7% at 63.80 pence on Monday.
Related Shares:
NSF.L