LONDON (dpa-AFX) - Responding to media speculation regarding a possible sale of Sainsbury's Bank, J Sainsbury plc (JSAIY.PK, SBRY.L) said that it has received some very preliminary expressions of interest in the Bank, but this does not mean anything will come of those discussions.
J Sainsbury said it remains focused on delivering five year plan for Sainsbury's Bank. The plan was set at Capital Markets Day in September 2019.
The company said it is on track to deliver that plan despite the impact of COVID-19 and expects to deliver a profit in the second half of this financial year.
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