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People
and Companies News
Julian Hodge Bank has reported record pre-tax profits up 27% to £20.4m for the year ended October 31, 2007.
Also, by stripping out the results of businesses disposed of, profit on continuing activities rose by 3% to £16.9m.
Presenting his fourth annual review, Bank chairman John Mitchell says: “Our core businesses, Commercial Lending and Hodge Equity Release, performed well ahead of expectations with loans and advances to customers growing by 20% to £366m, even allowing for the sale of £40m of mortgage assets to other financial institutions.”
New Post
Richard Johns is to head up the new Cardiff office of national surveyors
Stevens Scanlan which was established to serve south Wales and the west
of England
Richard will continue as managing director of Timbrell and Rees Associates.
Both Stevens Scanlan and Timbrell and Rees Associates share offices at
20 James Street in the waterfront regeneration area of Cardiff Bay.