CYBG PLC (CYBGC.L)
23 Feb 2018
Jan 30 Lender CYBG Plc posted higher mortgage lending in the first quarter, but said growth in the market would ease over the remainder of the financial year 2018.
* "CONFIDENT WE WILL DELIVER OUR GUIDANCE FOR 2018 AND MEDIUM TERM"- CEO
* Investing in digital platform to tackle open banking, competition
* NAB HAS RECOGNISED A CHARGE IN CONNECTION WITH CLAIMS THAT HAVE BEEN, OR ARE EXPECTED TO BE, MADE BY CYBG
(The following statement was released by the rating agency) LONDON, September 07 (Fitch) Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Clydesdale Bank Plc and its parent CYBG PLC, at 'BBB+' with Stable Outlooks. Fitch has also affirmed the entities' Viability Ratings (VR) at 'bbb+'. In addition, Fitch has assigned a 'BBB+(dcr)' Derivative Counterparty Rating (DCR) to Clydesdale Bank as part of its roll-out of DCRs to significant derivative counterparties in western Euro