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Distribution Finance Capital raises more than £50m in retail deposits
StockMarketWire.com
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Commercial lending group Distribution Finance Capital said subsidiary DF Capital Bank had raised retail deposits in excess of £50 million since its savings products were launched earlier this month.
The announced a maiden range of personal savings products on 14 October and had since added a two-year fixed rate loan.
'The group expects to add further fixed-rate products shortly and will complement this with the launch of online banking capabilities in 2021,' Distribution Finance Capital said.
At 1:46pm: (LON:DFCH) share price was +0.7p at 48p
Story provided by StockMarketWire.com
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