TITLE

Societies must show strength to rise to challenges

PUB. DATE
May 2009
SOURCE
Money Marketing;5/28/2009, p31
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses the criticisms received by the building societies regarding their risk policies and growth targets in Great Britain. He cites that this type of projection is due to the optimistic attitude of firms that the credit crunch will give them the opportunity for business growth. He suggests that societies must be able to prove their capability of surviving the economic challenges to Financial Services Authority (FSA) despite of the negative press coverage.
ACCESSION #
41894809

 

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