Asset finance lending was up 29%, SME Commercial mortgages up 50%, buy-to-let rose 18% and residential lending by 42%.
The Group also posted record origination of £2.6bn - up by 10% year-on-year.
Phillip Monks, CEO, commented:
“It has been an excellent year, both operationally and financially, for the Group. We have delivered record levels of profitability with our profit before tax up by 88%.
“We are serving more customers than ever. Net lending is up to £6.1bn driven by strong double digit growth in Asset Finance and all our Mortgage portfolios. We continue to support UK businesses and were pleased to be the third largest net lender to SMEs under the Bank of England’s Funding for Lending Scheme in 2015.
“We are committed to supporting the UK’s SMEs, homeowners, landlords and savers who are often under- or poorly served by the wider market. We have a clear and differentiated growth strategy and remain both excited about the opportunity in our chosen markets and confident of our ability to deliver continued strong profitable growth and attractive, sustainable returns for shareholders.”
