Buckinghamshire Building Society has announced its year-end results for 2022, posting an impressive pre-tax profit of £1.5m and total asset growth of 12.7%.
These strong results come despite a challenging year for the economy.
The Society has attributed its success to continued investment in people, processes, and technology, which has allowed it to lead the way in the specialist lending sector.
In addition, Buckinghamshire Building Society has maintained highly competitive rates on its range of savings accounts for both new and existing members.
Dan Wass (pictured), who joined the mutual as CEO in September 2022, expressed satisfaction with the results, stating: “It’s fantastic to see such a strong set of financial results for 2022, and it is a testament to both the dedicated senior leadership team we have in place and our hardworking and committed colleagues across the Society.”
Wass emphasised the Society’s ongoing focus on providing great value to members while making a positive impact within the community.
He also hinted at further improvements in the coming months that will make it easier for existing members to stay connected and for new members to join. “We have some exciting developments on the way,” he said.
