Coutts starts 2021 strong with an increase in profits

Operating profit of £64m was £15m (31%) higher than Q1 2020 Significant year-on-year balance growth driven by increases across lending, deposits and investments. Lending – increased £1.7bn (11%) driven by strong mortgage Net New Lending performance. Deposits – increased £4.5bn (16%), reflecting commercial and personal inflows both in savings and…