OneSavings Bank, the specialist lending and retail savings group, has reported growth in net loans and advances of £986m for the first nine months to £4.9bn.
It expects full year growth to be a few percentage points ahead of the 29% delivered in 2014.
Margins on £548m of new organic origination in the third quarter remained strong and the bank continues to expect full year net interest margin to be slightly ahead of the 305bps delivered in the first half of 2015.
Andy Golding, CEO of OneSavings Bank, said: “I am very pleased with our 2015 performance to date. We received record levels of new business applications during the third quarter and remain confident in delivering on all of our stated financial objectives through to the end of 2016.”
