Nationwide Building Society posts 21% drop in nine-month profits, weighed by further technology investment costs

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  • Nationwide Building Society posts 21% drop in nine-month profits, weighed by further technology investment costs
    Nationwide Building Society posts 21% drop in nine-month profits, weighed by further technology investment costs

    Nationwide saw its third-quarter gross and net mortgage lending grow to £26.8bn and £6.1bn respectively Nationwide Building Society has reported a 21% drop in nine-month profits, weighed by costs for a further ramp-up of the lender’s investment in digital banking. The mutually-owned group reported statutory profits of £703mln for […]

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