1. Virgin Money experienced a 0.9% decrease in Q2 total lending, with mortgage lending down 1.1%.
Virgin Money saw a 0.9% fall in total lending to customers in Q2, with mortgage lending shrinking by 1.1%. Despite this, unsecured lending grew by 1.3% and customer deposits jumped 2.4%. The takeover by Nationwide is expected to be completed by year-end, subject to regulatory approvals.
August 02, 2024
6 Articles