Close Brothers loan book grew by 4% to £5.5bn in the final five months of 2014.
In a trading update, the group noted a considerable increase in property and asset finance, with motor finance recording slower growth
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The group said: "The division continues to benefit from favourable market conditions with a slight improvement in both net interest margin and the bad debt ratio compared to the previous financial year."
In addition, Close Brothers’ assets under management rose by 2% to £9.9 billion over the five months to December 2014. The growth was attributed to positive market movements and net inflows.
The asset management division revenue margin has remained broadly stable on the previous financial year.
Close Brothers’ Winterflood securities arm recorded lower margins through difficult market conditions, according to the statement.
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