SOLIHULL-based Secure Trust Bank has posted strong trading figures with both the lending and deposit-gathering businesses demonstrating growth.

Reporting its results for the six months to June 30, the bank announced it achieved a profit before tax of £12.4m, including a fair value gain on the acquisition of Everyday Loans. This is an increase of 239% on the 2011 figure of £3.7m.

Its operating income over the period was £16.9m (2011: £13.6m) and its overall loan book increased to £260.3m......for the full story register now for free or login below...