Secure Trust Bank Nears Loan Book Goal, Ups Savings Target

Secure Trust Bank (GB:STB) has released an update.

Secure Trust Bank has reported a growth in its loan book, nearing its £4 billion target, with a solid increase in adjusted profits before tax pre-impairments. The bank’s cost optimization program, Project Fusion, has exceeded expectations, now aiming for £8 million in annualized savings by year-end 2025. Despite macroeconomic uncertainties, Secure Trust Bank remains confident in achieving its medium-term financial goals, including a significant year-on-year profit growth.

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