Dudley Building Society ups lending by 8.3% in H1
Dudley Building Society increased its lending by 8.3% to £38m in the first half of the year, outpacing the market in the process, its interim half year results show.
The society made £912,000 in the first half of the year, while it grew its total assets to £419m.
Jeremy Wood (pictured), chief executive of the society, said: “We are delighted to be announcing such strong half year results. I believe building societies are more popular than ever with consumers.
“We have been very clear about the way in which we have structured and delivered the growth in our business on behalf of our members.
“We have delivered on the ambition we set ourselves and returned profit levels that are essential to ensure the society’s continued investment.”