£37m profit rise at Skipton Building Society

Skipton Building Society has increased its membership to over 971,900, an increase of 52,842 in the first half of 2018, resulting in a £37m increase in pre-tax profits. Publishing its results to 30 June today, the mutual said it recorded group pre-tax profits of £104.7m, up from £67m for the same period last year. The mutual, which is the UK’s fourth largest building society, said savings balances increased by £500m, a growth rate of 3.1% during the six month period, and mortgage balances increased by £500m, a growth r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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