Coventry Building Society sees huge profits rise

Monday 04 March 2013 Updated: 05/03 12:59

Latest News

Buy photos » Coventry Building Society. Picture by Jon Mullis 32.011.025.leam.jm1 (www.buyphotos247.com)

PROFITS at Coventry Building Society rose by 50 per cent over the past year.

Financial figures published this week show pre-tax profits of £88.5million, new mortgage lending of £5.1billion and an increase in customer's savings balances by £1.1billion to £20.1billion.

Chief executive David Stewart said: "Coventry is now the only major high street bank or building society not to have been downgraded by any rating agency over the last three years."

Share This

Regional news »


Rugby Observer
Anne Hathaway's Cottage needs your Heathrow vote

ANNE Hathaway's Cottage and the Midlands needs your help. Visit ...

Solihull Observer
Anne Hathaway's Cottage needs your Heathrow vote

ANNE Hathaway's Cottage and the Midlands needs your help. Visit ...

Leamington Observer
Leamington Food Festival seach for culinary star

THE SEARCH is on to find the UK’s home grown ...

Redditch Standard
Hospital risk rating increases

THE RISK rating of the Trust which runs the county's ...

Local Businesses More Businesses »