India, Nov. 5 -- Specialist lending and retail savings group OSB GROUP PLC (OSB.L) issued Thursday a trading update for the period from January 1 to September 30, 2026 and reported that the Group's 9-month performance came in line with expectations.
The company's net loan book was GBP 26.42 billion as of September 30, 2026, up 1.9% from GBP 25.92 billion on December 31, 2025.
As of September 30, 2026, retail deposits were GBP 24.99 billion, 3% higher than GBP 24.25 billion on December 31, 2025.
The Group expects the implementation of Basel 3.1 rules on January 1, 2027 would reduce the CET1 ratio as at June 30, 2026 by 1.2% due to a 9% uplift to risk-weighted assets (RWAs).
The Group expects a 55bps reduction to its Pillar 2A requirement...