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Sunday 08th of March 2009

News Tag: opened

March 3, 2009

Building societies benefit as savers seek save haven

by Kay Murchie
According to the Building Societies Association (BSA), over one million people opened a new building society savings account last year. Building societies have benefited since the collapse of Icelandic banks, Icesave and Kaupthing Edge, and the near collapse of Northern Rock, Bradford & Bingley, RBS, HBOS/Lloyds. The BSA said an additional 1.2 million accounts (net of closures) were opened during ...