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Close Brothers says third-quarter loan book rises 4 percent

Reuters

(Reuters) - British lender Close Brothers Group (CBRO.L) said its banking division loan book grew 4 percent in the third-quarter, benefiting from strong growth in its leasing products and a seasonal uplift in motor finance.

The Asset Management business witnessed strong net inflows in managed assets, which rose 4 percent to 7.5 billion pounds in the quarter ended April 30.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair)