From Yahoo Finance: 2025-05-22 10:04:00

Arbuthnot Banking Group reports a 17% deposit growth and stable loan book for the four months ending April 30, 2025. Loan balances were £2.36bn on April 30, down from £2.38bn due to cautious credit approach amid economic uncertainty. Capital allocated to specialist lending divisions, with increased lending pipeline activity.

Despite economic challenges, Arbuthnot focuses on profitable deposits, with balances rising to £4.25bn, a 3% increase since year-end and 17% growth over the past year. The bank’s strategy emphasizes client growth through profitable deposits, noting positive trend in lending pipeline activity and successful deposit gathering efforts.

Amid global economic uncertainty, Arbuthnot continues long-term strategic initiatives to attract profitable deposits and grow lending proposition. The Arbuthnot Commercial Asset Based Lending unit ended the period with a loan book of £216m, showing a 6% decrease from the end of 2024. Economic uncertainty impacts activity, but positive signs in originations and pipeline for ACABL.

Arbuthnot’s Renaissance Asset Finance division sees a 6% increase in loan book to £264m, with 21% year-on-year growth and a 16% rise in new business compared to the same period last year. The Block Discounting business, launched in late 2021, reports a 16% increase in its loan book over the period.

Read more: Arbuthnot Banking Group reports 17% deposit growth amid stable loans