March 16 OneSavings Bank Plc reported a
15.7 percent growth in its loan book in 2016, and said it
expected net loan book growth in the mid-teens this year.
"The UK economy has remained resilient in the face of the
uncertainty and we have seen no material change in customer
confidence or demand for loans in our core markets," the lender
The bank said in August that it had increased its focus on
professional landlords and tightened lending criteria for
financing smaller residential developments after Britain voted
to leave the European Union.
OneSavings, one of the banks aiming to challenge Britain's
"Big 5" lenders, said net loans and advances grew to 5.9 billion
pounds ($7.25 billion) in the year ended Dec. 31 from 5.1
billion pounds in 2015.
($1 = 0.8140 pounds)
(Reporting by Arathy S Nair in Bengaluru; Editing by Amrutha