Pru To Fork Out 50m For Bank Arm
The group, which officially launched its branchless mortgage lending and deposit-taking arm yesterday, is following an emerging trend in the life insurance sector: Scottish Widows and Friends Provident, the mutual life insurers, have already launched banking services.
The Pru will incur an exceptional charge of
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First Published: Sep 27 1996 | 12:00 AM IST