Leicester Tigers partners The Nottingham have reported a rise in profits for the first six months of the year.
Pre-tax profits at the building society increased by seven per cent to £7.6m. Gross lending has risen by 33 per cent on the same period.
David Marlow, chief executive of The Nottingham, said: “At the beginning of the year we undertook to continue to grow the society, invest in improving our offering and service as well as look at how we could build and reward loyal membership of The Nottingham.
“At the half year point we are pleased to report good progress in all of these objectives. We have continued to grow the balance sheet and have delivered asset growth of 6.1 per cent in the first six months of the year.”
The Nottingham last year announced an extended three-year partnership deal with Tigers, which is benefiting thousands of children and families in the Tigers region.
As part of the ongoing relationship, Tigers and The Nottingham are driving a programme which delivers five weeks of tag rugby to more than 2,000 Key Stage 2 pupils in 50 primary schools around branches including Leicester city centre, Wigston, Market Harborough, Groby and Melton Mowbray.
The Nottingham is also a partner of the Junior Tigers Club, which has more than 40,000 members, and supports Tigers in the Park, the club’s free community event at the first home game of the season.
The Nottingham has also launched its Tigers Bond, which offers an annual contribution to Tigers based on how much holders save. For every £1 saved in the account for a year, The Nottingham will give the equivalent of 0.25 per cent to Tigers. There are also opportunities for holders to win Club Mascot and Experience Day prizes. Click here for details.
The Nottingham has branches across Leicestershire and the Tigers region and is set to open more branches in Bourne, Spalding, Stamford, Huntingdon, Dereham, Fakenham and Thetford – taking its total to 67 branches across 11 counties.