StockMarketWire.com - Secure Trust Bank has reported that it has traded well during the last quarter of last year and as a result expects to report profit before tax for 2013 in line with market expectations.
The Group has been investing in its retail finance business and has announced a number of important positive developments including the agreement of a new five year contract with the Association of Cycle Traders and a renewal of a term contract with Evans Cycles.
Good progress is also being made in the season ticket market. A number of Premiership football clubs have agreed to use V12 to provide their season ticket funding for next season. A season ticket finance proposition has also been developed for travel and one of the rail franchises will begin to promote this offering very shortly.
At 9:16am:
[LON:ARBB] Arbuthnot Banking Group PLC share price was -13p at 1322p
[LON:STB] Secure Trust Bank PLC share price was +44.5p at 2854.5p
Story provided by StockMarketWire.com
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