United Trust Bank increases profits by 36%

April 6, 2017
United Trust Bank (UTB) has reported a 36% increase in profits before tax to £20.7 million for the year ending December 31 2016.The specialist bank increased its loan book by 42% to £617 million. Operating income rose 29% to £40.8 million and customer deposits grew by 46% to £664 million. Gross income was £56.3 million and return on equity was ...

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