The group said that its Avant Money unit in Ireland saw its mortgage book grew 41 per cent year on year. Photograph: iStock
The group said that its Avant Money unit in Ireland saw its mortgage book grew 41 per cent year on year to €2.7 billion, with new lending for the first nine months of the year rising by 37 per cent to €900 million. Net interest income for the first nine months of the year increased by 7 per cent to €73 million, while its pretax profit advanced 12 per cent to €290 million.
Avant Money is currently a nonbank lender in Ireland, albeit funded by its parent bank, offering mortgages and consumer finance.
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