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Tandem Bank becomes profitable for first time

Tandem Bank posted its first full-year profit in 2022 as retail deposits more than doubled to 拢1.8 billion. Tandem, which employs more than 500 people in Blackpool, Cardiff, Durham, London and Manchester, reported underlying operating profit of 拢4.5 million. Entering the second charge mortgages market for the first time, it originated 拢350m of deals there … Continue reading Tandem Bank becomes profitable for first time