Societies must show strength to rise to challenges

May 2009
Money Marketing;5/28/2009, p31
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.


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