ABG is seeing returns on its investments in retail banking (Secure Trust bank) and private banking (Arbuthnot Latham). In H115, the former delivered pre-tax profits of £16.1m (up 40% on H114) and the latter £3.7m (up 111% on H114). The group remains well-funded (customer deposits £1.6bn vs loans £1.4bn) and well capitalised. It continues to invest in new business opportunities, taking advantage of favourable market conditions.
