Arbuthnot Banking (GB:ARBB) has released an update.
Arbuthnot Banking Group PLC has successfully renewed and increased its Tier 2 Regulatory Capital Loan with P Capital Partners, boosting the total to £26 million at an interest rate of 7.25% plus SONIA, with a maturity date set for June 3, 2034. This strategic financial move, enhancing the bank’s capital structure, can potentially provide investors with insights into the company’s long-term financial stability and growth prospects.
For further insights into GB:ARBB stock, check out TipRanks’ Stock Analysis page.
