May 23 British lender Close Brothers
said the loan book of its banking division grew to 5.1 billion
pounds during the third quarter and that it was confident of
delivering a "strong" result for the financial year.
The financial services provider, which lends to small and
medium-sized businesses and gives investment management advice,
said its loan book stood at 5.1 billion pounds as at April 30,
up 10 percent year-to-date.
Close Brothers said its loan book was boosted by demand from
property finance coupled with a seasonal uplift in demand in
(Reporting by Karen Rebelo and Richa Naidu in Bangalore;
Editing by Gopakumar Warrier)