Arbuthnot Banking Group comprises of Arbuthnot Latham & Co., Limited and Secure Trust Bank PLC.

Arbuthnot Latham & Co.

Arbuthnot Latham is the inclusive private bank that offers a carefully crafted expert private banking and 'whole of market' wealth planning and discretionary investment management service. Clients receive a bespoke service from a team of people that have the expertise, experience and autonomy needed to provide it.

Banking is handled by your Private Banker, an experienced individual who is responsible for all your dealings within the bank. Providing a complete range of bank accounts, loans, overdrafts and foreign trade, designed to be easy and convenient.

The Wealth Planning team provide clear and objective advice, whilst establishing flexible strategies in collaboration with clients' professional advisers. Qualified advisers cover such things as; Wealth structuring, Tax mitigation, Estate preservation and Retirement planning.

Our highly-personalised discretionary investment management service offers an unrestricted range of asset classes which allows a unique tailored approach. A scientific assessment of your needs and attitude to risk via our sophisticated Risk Tolerance Questionnaire allows for the optimal return for the risk taken.

Secure Trust Bank PLC

Secure Trust Bank's principal activity is retail banking. The bank services its customers via the internet, call centres and selected business partners.

Secure Trust Bank is a longstanding established UK bank. Its core business is to provide banking services including solutions and saving products. The Company, which was incorporated in 1954, operates from its head office in Solihull, West Midlands.

The Company successfully listed on AIM on 2 November 2011 and the market capitalisation has increased over 400% since the IPO. It has been a subsidiary of Arbuthnot Latham & Co., Limited since 1976 and a subsidiary of Arbuthnot Banking Group Plc since 1985. Arbuthnot Banking Group Plc owns a 51.9% shareholding in the Company.

The Company's diversified lending portfolio focuses on asset finance, invoice finance, motor finance, unsecured personal loans, real estate finance and retail point of sale finance. Its lending activities are funded by customer deposits, with minimal exposure to interbank and wholesale funding.

Secure Trust Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.




http://www.arbuthnotgroup.com/

A buy in this weeks IC . Arbuthnot Banking presents something of a valuation anomaly . Its market capitalisation is worth significantly less than the £276m market value of its 52% stake in its listed subsidiary, Challenger bank Secure Trust (STB)

Third quarter trading update