Arbuthnot Banking says profit to meet expectations

Arbuthnot Banking said trading was successful in the final three months of 2021 and that profit would meet expectations.

The private and commercial bank published a short trading update ahead of annual results scheduled for 24 March.

"The group continued to trade well in the fourth quarter of 2021 and therefore expects to report pre-tax profits in line with market expectations," Arbuthnot said. The company did not give any further details.