Article: National Australia's Clydesdale and Yorkshire up 10 per cent

CLYDESDALE and Yorkshire Banks, both owned by the National Australia Bank, today recorded a 10.1 per cent increase in underlying profits to 546 million pounds.

Stuart Grimshaw, the chief executive, revealed that total lending was up 8.7 per cent to GBP 14.07 billion compared with the same period last year, with particularly strong growth in personal loans and tailored business loans. Retail deposit volumes grew strongly by 9.5 per cent to GBP 9.97bn, with strong growth in high net worth deposits. In business financial services, total lending was up 11.5 per cent.

Mr Grimshaw ...

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