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Erschienen in:
1989 | OriginalPaper | Buchkapitel
The Structure of the Building Society Industry
verfasst von : Leigh Drake
Erschienen in: The Building Society Industry in Transition
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Building societies in the 1980s are major financial institutions. At the end of 1987 the total assets of the industry amounted to over £160bn. To put this figure into perspective this compares to the total assets of the ‘big four’ clearing banks of £266bn. Building societies have over 45 million personal investors, seven million borrowers, and outstanding mortgage balances amounting to around £131bn.