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Provident says credit card business slightly beat expectations in fourth quarter

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(Reuters) - Sub-prime lender Provident Financial said on Wednesday its credit card business Vanquis Bank, which has been a driver of profit, performed modestly above expectations in the fourth quarter, partly due to tight cost control.Provident, which fended off a takeover attempt by smaller rival Non-Standard Finance last year, added that its consumer credit business also delivered results in..
Date Published: Jan 15, 2020
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