1 October 2020 - trading update
The AIM-listed financial services group, which owns specialist bank PCF Bank Limited, has issued a positive trading statement for the year to 30 September although the annual results will not be issued until early December. Although the group has reported weaker demand, notably in the business asset finance division, the consumer motor finance division has proved more resilient as motor dealerships re-opened for business at the beginning of June. The availability of cheap finance from the Government through its support schemes has had a negative impact on the group, but despite this, the . . .
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