OSB Group PLC (GB:OSB) has released an update.
OSB Group PLC reported a 2% increase in net loans for the first nine months of 2024, driven by a focused strategy on commercial and asset finance, despite a decrease in lending compared to the previous year. The company is actively working on cost efficiency while expanding its digital offerings, maintaining a stable net interest margin, and strong capital and liquidity positions. Additionally, OSB has repurchased £32.1 million worth of shares as part of its ongoing repurchase program.
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