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Starling Bank earnings lifted by higher interest rates

Lending at the digital bank fell to 4.7 billion pounds during the year

Bloomberg NewsbyBloomberg News
June 12, 2024
in Banking
Reading Time: 2 mins read
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Starling Bank reported its third annual profit after higher interest rates helped boost revenue, as the British mobile lender seeks to roll out its banking software globally. The bank posted a pretax profit of £301.1 million ($384 million) for the 12 months through March compared with £195 million a year earlier, with revenue jumping to […]

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