The Irish Times·2 min read·medium
Avant Money builds up €100m deposit book in first half after entry into savings market
J
Joe Brennan
✦AI Summary
Avant Money, a unit of the Spanish banking group Bankinter, has successfully built a €100 million deposit book in Ireland within six months of entering the savings market. The company also reported a 19% increase in pretax profit, driven by growth in its mortgage and personal loan portfolios.
Avant Money built up a deposit book of €100 million in the first half of the year after entering this segment of the banking market.
businesseconomy
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