The OSB Group’s nine-month net loans increased by 7%. On track to meet 2022 guidance

Ian Walker

OSB Group PLC said Thursday it had a strong third quarter performance, with net lending up 7% over the nine months and on track to meet full-year guidance.

Underlying net lending for the nine months to 30 September increased to £22.4 billion ($25.5 billion) from £20.9 billion on 31 December, the Expert Lending and Retail Savings Group said. It said lending had increased to £22.5bn from 31 December. 21.1 billion pounds.

The group said it expects to meet full-year guidance of 10% growth in underlying net lending balances and underlying net interest margin. -In general, sales remained flat compared to the first half of the year.

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