I Agree

We have updated our Privacy and Cookie Policy. By clicking "I Agree" below, you acknowledge that you accept our Privacy and Cookie Policy and Terms of Use.

PLEASE TELL US A LITTLE ABOUT YOURSELF SO THAT WE CAN DISPLAY THE MOST
APPROPRIATE CONTENT TO YOU:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies used on Trustnet and how you can manage them, see our Privacy and Cookie Policy.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms of Use.

For more information Click here

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS

Manchester Bld Soc (MBSR)

Manchester Bld Soc

Manchester Building Society's 2015 Accounts
RNS Number : 6221S
Manchester Building Society
18 March 2016
 

Manchester Building Society's 2015 Accounts 

 

The Directors of Manchester Building Society ("the Society") announce that the Society is in the process of finalising its accounts for the year ending 31 December 2015 and plan to issue them before the end of March. The Directors expect the accounts to refer to a material uncertainty surrounding the long-term future of the Society given the continuing decline in the scale of operations.

 

The Society has not been active in the lending market since 2013 and has no plans to re-enter the mortgage market in the immediate future. The Society's mortgage assets have reduced by approximately 40% over the last three years. The Society's liquidity position remains strong.

 

The Directors will be giving further consideration to the future strategy of the Society over the coming months.

 

Enquiries 

Andy Donald - Maitland 

020 7379 5151 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
FR UWSSRNSAOAAR
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

You are currently using an old browser which will not be supported by Trustnet after 31/07/2016. To ensure you benefit from all features on the site, please update your browser.   Close