Clydesdale Bank Plc CYBG.L on Tuesday posted a 2.5 percent rise in first-half net interest income, helped by growth in mortgage lending and lower term deposit and wholesale funding costs.
The Glasgow-based lender, which made its London debut in February, reported a net interest income of 400 million pounds for the six months ended March 31, from 390 million pounds a year earlier.
Customer lending grew 2.8 percent while deposits were up 4.6 percent.
Source: http://uk.reuters.com/article/uk-cybg-results-idUKKCN0YF0KT
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