Demand for buy-to-let lending boosts Paragon Bank Banking Paragon Banking Group reported a strong start to the financial year on the back of higher lending to buy-to-let landlords.
Paragon Bank meets expectations and reports ‘strong credit resilience’ Banking Paragon Bank met expectations for its first trading update of the year, with the firm reporting “strong credit resilience” and arrears below the industry average. In the final quarter of 2023, margins ran slightly ahead of expectations for the bank, though the firm’s full-year guidance for margins, new business flows and operating costs remained unchanged. [...]