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Wyeland Annual Report 2018

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Our performance: more than meeting our targets in the first full year<br />

We have made steady progress in our first full year of operation. In the year to 30 April <strong>2018</strong>, we achieved a<br />

break-even position, well ahead of our original business plan.<br />

30 April 2017 30 April <strong>2018</strong><br />

£450m<br />

£425m<br />

£400m<br />

£375m<br />

23.7%<br />

£350m<br />

£325m<br />

COMMON EQUITY TIER 1 RATIO<br />

£300m<br />

£275m<br />

£250m<br />

£225m<br />

£200m<br />

3.68%<br />

£175m<br />

£150m<br />

£125m<br />

NET INTEREST MARGIN<br />

£100m<br />

£75m<br />

£50m<br />

£25m<br />

£0m<br />

NO<br />

CREDIT<br />

LOSSES<br />

-£25m<br />

PROFIT/BEFORE TAX CUSTOMER DEPOSITS LENDING BOOK<br />

CREDIT QUALITY<br />

4 | <strong>Wyeland</strong>s Bank <strong>Annual</strong> <strong>Report</strong> Summary <strong>2018</strong>

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