CYBG reports lower new business volumes in Q3’s ‘subdued market’
CYBG, the listed owners of Leeds-headquartered Yorkshire Bank, has seen lower new business volumes and a mortgage book reduction in the third quarter of its financial year; but is positive about the progress of its Virgin Money integration.
Issuing an update on trading in the nine months to 30 June 2019, CYBG said that it was in line with the Board's expectations and good progress continued to be made with the Virgin Money integration programme.
The firm noted a Q3 mortgage book reduction of 0.2% to £60.4bn, which it said was "... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...