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PCF Group CEO highlights strong balance sheet and says business continuity plans proved resilient

PCF Group Plc's (LON:PCF) Scott Maybury tells Proactive London's Andrew Scott they entered the current coronavirus crisis in a strong financial position with a capital ratio of 17% at end-March and headroom on its Tier 2 capital facility. He says the bank has continued to write new business and has been open across all business lines throughout. Maybury adds that its business continuity plans have proved resilient and it is still supporting SMEs, while it has £75mln of unearned future income on its balance sheet to come through.

Quick facts: PCF Group Plc

Price: 18.5 GBX

Market: AIM
Market Cap: £46.29 m

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PCF Group PLC: Proactive One2One Virtual Event

PCF Group Plc's (LON:PCF) Scott Maybury pitches the company to investors at the Proactive One2One Virtual Event. PCF Bank was established in 1994 to bring two qualities into vehicle and plant & equipment financing: simplicity and customer focus.

on 19/6/20

2 min read