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Furness announces best year ever

Amanda Jarvis

March 14, 2003

Against a background of strong growth in the housing market but difficult conditions for savers with low interest rates prevailing throughout the year, the society saw a 13.85% growth in assets with record mortgage lending of £166 million (£102 million in 2001).

Commenting on the results for 2002, Furness Chief Executive, Rob Cairns, said: “We are absolutely delighted with these results, which are a result of our competitive products and excellent services. These achievements are a ringing endorsement for membership of a strong regional mutual building society which always puts its members’ interest first.”


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