Vanquis Banking Group (GB:VANQ) has released an update.
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Vanquis Banking Group reports stable financial performance in its third quarter, with net receivables growing by 4% and a focus on sustainable growth in Second Charge Mortgages. The company is on track to achieve significant cost savings through its technology transformation and is enhancing customer engagement through digital initiatives. Despite challenges, Vanquis continues to support underserved customers and aims to solidify its position in the UK banking sector.
For further insights into GB:VANQ stock, check out TipRanks’ Stock Analysis page.
