CYB and Brexit

Hi All,

I note CYB came out with a stronger than expected result and has been given a thumbs up by Charlie, but there was no mention of any Brexit risk for forward earnings.  Is Brexit not a concern for CYB?

regards

 

A: I can’t see any direct Brexit concerns for CYB – they are a very regional UK bank.

If the UK economy went into a hole as a result of Brexit and unemployment rose, then like all banks, they would be impacted.

regards


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