Chief executive says bank ‘absolutely on track’ with its contrivance to focus on winning new customers and increase lendingTSB,the challenger bank taken over in a £1.7bn deal final year by the Spanish company Banco Sabadell, has more than met most of its targets but recorded a decline in profits after focusing on winning new customers and increasing lending.
The bank said more than 1000 new customers were joining it each day, or while 6.8% of all UK consumers switching or opening a new account were joining TSB,beating its own target of 6%. Continue reading...
Source: theguardian.com