'Strong' year for building society
THE Ipswich Building Society has overcome the turmoil in the financial services industry to post a “strong” set of results of 2009. The society said yesterday it achieved asset growth of 9% last year, taking its total assets to �462million.
THE Ipswich Building Society has overcome the turmoil in the financial services industry to post a “strong” set of results of 2009.
The society said yesterday it achieved asset growth of 9% last year, taking its total assets to �462million.
Mortgage lending totalled �76m while there was a net savings inflow of �24m.
Paul Winter, the society's chief executive, said: “The confidence and trust our customers have shown have been essential to Ipswich Building Society's success during a period when many other financial institutions have suffered.
You may also want to watch:
“We have achieved this through taking our responsibility to our customers and to our wider community seriously and through our continual focus on quality of service and innovative, competitive products.”
Further details of the society's achievements during 2009 will be given at its annual general meeting on March 24.
- 1 First look at £10m Sudbury garden centre revamp
- 2 'I can't carry it' - Shock as plant starts growing eight inches a day
- 3 WATCH: 'Selfish' drug-driver ploughs into police detective's vehicle
- 4 QPR trigger buy-out clause to sign Dozzell for £1m
- 5 Gill has 'no regrets' over Norwich to Ipswich switch
- 6 'I'll always have love for Ipswich, but it was time to move on' - Dozzell signs for QPR
- 7 Mum of 'beautiful' Lily calls for young people to have their hearts tested
- 8 Tim Hortons restaurant in Ipswich given green light
- 9 Teenage county lines drug dealer handed suspended prison sentence
- 10 If your surname is on this list you could be sitting on a fortune