Losses fell during 2018 at Edinburgh-based Hampden & Co., the UK’s newest private bank as income, lending and deposits all continued to grow at double digit rates, according to its latest results release.

The bank posted a loss of £5.80 million for the year to 31 December 2018, a £0.56 million improvement on the £6.30 million recorded for the preceding year.

This reflected a 63.8 percent increase in total income from the £3.9 million recorded for 2018 to £6.40 million, an improvement of £2.5 million.

The loan book increased by 40 percent to £132.5 million while customer deposits increased by 38 pe...