Mutual model boosts profits at Leeds Building Society
8th August 2012
LEEDS Building Society has followed rivals Skipton and Yorkshire in announcing improved half year results and increased market share.
The Leeds, the UK's fifth biggest building society, saw new residential lending increase by 20% to £769m.
Net lending was 79% higher at £311m, while savings balances grew by £189m to a record £7.54bn.
The mutual attracted 32,800 new members, taking its total to 696,000, and pre-tax profits in the first half increased by £200,000 to £27.1m when......for the full story register now for free or login below...
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