MCB to beat full-year forecasts

Europe-focused consumer finance firm MCB Finance jumped on Wednesday after revealing that both revenue and net income for the full-year should beat market forecasts.

Europe-focused consumer finance firm MCB Finance jumped on Wednesday after revealing that both revenue and net income for the full-year should beat market forecasts.

The firm said that lending volumes have grown "substantially" since the first half (ended 30 June) and the principal lent has increased 65% compared to the second half of 2010.

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