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Birmingham Post
Birmingham Post
Business
Sion Barry

Swansea Building Society sees total assets hit £500m for the first time

Swansea Building Society has seen its total assets reaching the £500m mark for the first time as it remains committed to maintaining its high street presence.

The figure for the first quarter of this year, builds on 2021 when it achieved a 12% expansion on the previous year to £463.5m.

Total assets comprises the society’s mortgages, assets held for liquidity purposes and a small amount of other assets.

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