Arbuthnot Banking Group says it has made a satisfactory start to 2009 with both its banking businesses - Arbuthnot Latham and Secure Trust Bank - trading profitably, remaining highly liquid and well capitalised.
Chairman and CEO, Henry Angest reveals that both banks are continuing to attract deposits and see good lending opportunities.
He says that Arbuthnot Securities traded satisfactorily considering the exceptionally difficult conditions.
Angest adds:" We are pleased to note that all three of our businesses continue to trade ahead of the corresponding period in 2008.
"We therefore remain cautiously optimistic for the remainder of 2009."
Story provided by Business Financial Newswire
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