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Tag Archives: ifn

Competition Council investigates 25 banks, Non-Banking Financial Institutions and leasing companies suspected of anti-competitive practices

The Competition Council has conducted unannounced inspections at the offices of 25 banks, Non-Banking Financial Institutions (IFN), leasing companies, professional associations and employers’ associations in the field of financial services, being one of the most extensive actions of the institution. ...

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Provident Financial shares dive on new profit warning

Shares in doorstep lender Provident Financial plunged 58% after it issued its second profit warning in months. It says it now expects to make losses of £80m to £120m as its debt collection rates have dropped to 57% compared with ...

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