A NOTE FROM THE CHIEF EXECUTIVE, ROGER WEATHERBY
I am pleased to report that it has been another successful year for the Banking Group.
The Group’s assets grew by 16% over the year. New lending by the Private Bank was particularly strong with a 23% increase and our client numbers are continuing to grow. The Racing Bank also flourished, endorsed by findings from a recent survey which showed 86% customer satisfaction.
Our insurance business, Weatherbys Hamilton, attracted extensive media coverage through its Stayers’ Million initiative and earlier this year launched a new bespoke farms and estates policy. Arkle Finance, the asset finance subsidiary, continued to build its portfolio, lending to over 4,000 small businesses across the UK.
As you will see from the figures, we are continuing to deliver against our long term objective to grow steadily from strong foundations.
I’d like to thank all our customers for their continued support of the Bank; without you these results would not be possible.
Roger Weatherby, CEO