UK's Paragon Banking posts over 16% jump in profit on strong lending

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 UK's Paragon Banking posts over 16% jump in profit on strong lending
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Dec 6 (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)

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