Liberty wanders ADI Avenue
Liberty wanders ADI Avenue Liberty Financial were cautious in their late November prospectus, and at any rate have surpassed key metrics for the December 2020 half year, the non-bank funder’s first report as a listed company. In a marker of the flexibility at Liberty, at least for now, the lender reported a net interest margin over the first half of 3.07 per cent, up from 2.50 per cent over the first half of the year prior - though the first half NIM is bang on forecast and will decline over the full year. Average asset growth was four per cent over the half, while new business stepped up t...
Source: bankingday.com