Vanquis Banking Group PLC 2008 AR2
The report highlights Provident Financial plc's performance during the 2008 fiscal year, showcasing its resilience in the UK non-standard credit market despite turbulent economic conditions. The company achieved an 11.8% increase in profit before tax to £128.8m and grew its customer base by 10.2% to 2.17 million. Key developments included the successful roll-out of the 'Focus' core accounting platform in the Consumer Credit Division and the relocation of Vanquis Bank to a larger contact centre in Chatham. In terms of corporate responsibility, the group invested £797,000 in community programmes, maintained its inclusion in the FTSE4Good and Dow Jones Sustainability Indexes, and improved its Business in the Community CR index score to 94.5%.
Company: Vanquis Banking Group PLC
Sector: Financials
Country: United Kingdom
Year: 2008
Type: AR2
Pages: 142
Vanquis Banking Group PLC
Annual Report And Financial Statements
The report highlights Provident Financial plc's performance during the 2008 fiscal year, showcasing its resilience in the UK non-standard credit market despite turbulent economic conditions. The company achieved an 11.8% increase in profit before tax to £128.8m and grew its customer base by 10.2% to 2.17 million. Key developments included the successful roll-out of the 'Focus' core accounting platform in the Consumer Credit Division and the relocation of Vanquis Bank to a larger contact centre in Chatham. In terms of corporate responsibility, the group invested £797,000 in community programmes, maintained its inclusion in the FTSE4Good and Dow Jones Sustainability Indexes, and improved its Business in the Community CR index score to 94.5%.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Employees