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Jun 19 2019, 08:25 IST/BST
Virgin Money UK
Sets out ambitious medium-term targets
- Sectors : Banks
- Companies : Virgin Money UK
DAVY VIEW
CYBG has set out an ambitious set of targets, with significant growth in SME and unsecured lending underpinning its medium-term plan. Geographic expansion and re-branding to Virgin Money of the SME offering will assist, yet it will also be dependent on the general economic backdrop. Increased cost take-out is within its control and will likely be the main driver of our forecast changes.
