Interim results 2009
Summary and outlook
The group has reported half year results in line with its internal plans, against the backdrop of pressure on customers' household budgets from rising unemployment and reduced working hours. This is not expected to abate in the second half of 2009. A cautious approach to new lending will continue and, when combined with the group's strong funding position, puts Provident Financial in a sound position to deliver continuing quality growth for the year.