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Investec reports growth in its UK loan business

Investec's UK Specialist Bank business reports net core loans increase by 1.4% to £16.8 billion by the end of March 2025.

The company said the annual total is driven by the growth of its UK mortgage lending portfolio, but the company's lending segment remains flat in a constrained market environment.

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The Bank Group recorded a jump of 7.8% of operating profit to just over £1 billion a year.

Comments on Results Group CEO Fannie Titi reported strong performance in a volatile operating environment and said he was pleased to surpass £1 billion for the first time in the bank's history, showing the fundamental strength of his differentiated client franchise.

Earlier this month, Investec Bank launched a custom-built shopping fee service for wealthy foreigners in Dubai or Switzerland.

The lender said the new product is being tailored for investors planning to build a real estate portfolio in the UK and Channel Islands while living abroad.

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