London Scottish Bank: still going strong

Article Abstract:

London Scottish Bank (LSB) is showing continued profits growth despite competition. LSB provides loans of some 500 pounds sterling over a period of 12 months to three years. The number of employees in sales constrains growth, but demand is strong since the major banks are less enthusiastic about lending to those on lower incomes. The company's chief executive, Roy Reece, was appointed at the start of 1995, and should help the bank's growth through his marketing skills.

Banking industry, Management

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Paragon

Article Abstract:

UK mortgage lender Paragon is benefitting from the surge in the buy-to-let market in the last few years, and its shares now look undervalued. As well as a strong mortgage business, Paragon has successfully moved into other areas, including consumer finance.

Consumer Mortgage Loans, Mortgage banks, Mortgages, Paragon Group Plc

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London Scottish Bank

Article Abstract:

UK lender and debt collector London Scottish Bank is enjoying strong growth in a buoyant market, and its shares are looking undervalued. London Scottish should also benefit from its diversification into secured lending.

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