Secure Trust Bank PLC Preliminary Results for the 12 months to 31 December 2023
Secure Trust Bank PLC (‘STB’ or the ‘Group’), a leading specialist lender, is pleased to announce its financial results for the 12 months to 31 December 2023.
- Secure Trust Bank PLC (‘STB’ or the ‘Group’), a leading specialist lender, is pleased to announce its financial results for the 12 months to 31 December 2023.
- The Group has made good progress on its Optimising for Growth strategic priorities to drive sustainable and attractive RoAE.
- Statutory cost income ratio at 57.5% (2022: 55.0%)
Cost of risk stable at 1.4% (2022: 1.4%)
"Secure Trust has made significant progress in 2023 against our strategic priorities. - Once again, we have demonstrated our ability to grow in 2023 and the Group is well placed to realise our ambitions.