KM Financial Solutions | UPDATE 1-Provident says credit card unit’s performance slightly above expectations
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UPDATE 1-Provident says credit card unit’s performance slightly above expectations

UPDATE 1-Provident says credit card unit’s performance slightly above expectations

Subprime lender Provident Financial
said on Wednesday its credit card business Vanquis Bank,
which has been a driver of profit, performed modestly above
expectations in the fourth quarter, partly due to tight cost
control.

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