Stock info – GB00B1Z4ST84
During 2021, the Group`s evolution continued and involved the closure of its home collected credit business, which carried the `Provident` brand. The Group chose to focus on its credit cards, vehicle finance and personal loans operations in the mid-cost and near-prime parts of the market. Accordingly, the Group has decided to change its name to Vanquis Banking Group plc in recognition of its new and future mix of lending products and its repositioning as a specialist banking group.
The change of name from Provident Financial plc to Vanquis Banking Group plc is expected to be effective in March 2023. A further announcement will be made when the name change becomes effective. The Group`s stock ticker on the LSE will change to VANQ.
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Capital at risk