NSF is accelerating the investment in its branch network, doubling the rate of new office openings 2017/2018 compared with previous expectations. We believe the company’s plans to staff these offices by experienced managers are credible. In home collect (HCC) NSF now has a model to fully exploit the opportunity from the market leader’s re-focus. 19% of Trusttwo new loans in December were from intragroup referrals, up from zero in June. Our estimates have been cut to reflect invest
13 Mar 2017
Branching Out Investment accelerated
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Branching Out Investment accelerated
- Published:
13 Mar 2017 -
Author:
Mark Thomas -
Pages:
18
NSF is accelerating the investment in its branch network, doubling the rate of new office openings 2017/2018 compared with previous expectations. We believe the company’s plans to staff these offices by experienced managers are credible. In home collect (HCC) NSF now has a model to fully exploit the opportunity from the market leader’s re-focus. 19% of Trusttwo new loans in December were from intragroup referrals, up from zero in June. Our estimates have been cut to reflect invest