[ad_1]
Signage on display outside of a Virgin Money store in central London, Britain, July 27, 2021. REUTERS/Henry Nicholls/File Photo
Aug 2 (Reuters) – British challenger bank Virgin Money UK (VMUK.L) on Wednesday maintained its full-year outlook and reported stable net interest margins in the third quarter despite pressure from its mortgages business.
The London-listed lender also announced its plans to buyback shares worth 175 million pounds ($159.58 million) in fiscal year 2023 and more in 2024.
($1 = 0.7833 pounds)
Reporting by Yadarisa Shabong in Bengaluru; Editing by Rashmi Aich
Our Standards: The Thomson Reuters Trust Principles.
[ad_2]
Source link