(Reuters) – British lender Paragon Banking on Tuesday posted a 16.4% rise in annual profit, helped by strong loan book growth and rise in net interest margins.
Operating profit came in at 226 million pounds ($275.4 million) for the year ended Sept. 30, up from 194.2 million pounds last year.
($1 = 0.8207 pounds)
(Reporting by Prerna Bedi in Bengaluru; Editing by Vinay Dwivedi)
