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Building Societies in the UK
IBISWorld, Feb 2012, Pages: 24
Building Societies in the UK
Building societies are cooperative financial institutions that are owned by their members (i.e. their customers, depositors and borrowers). Like banks, they take deposits and provide banking and financial services, particularly mortgage lending. Unlike banks however, profit is distributed back to members, rather than external shareholders.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Executive Summary
Brighter future: The industry has experienced tumultuous times, but a recovery is beginning
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