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PCF Group sets new records with increasing profitability and 'delivering on key objectives'

Scott Maybury, chief executive of PCF Group Plc (LON:PCF), caught up with Proactive London's Andrew Scott to discuss the group's preliminary results for the year to the end of September 2018.

PCF's hiked its final dividend by 58% after delivering record profits and meeting its key strategic objectives in its first full year as a bank.

The specialist lender, which became a fully operational bank in July 2017, said pre-tax profit jumped 44% to £5.2mln from £3.6mln a year ago after receiving a banking licence led to cheaper cost of funds.

 
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