Skipton Building Society - Company Profile
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Skipton Building Society (Skipton) is a member-owned organization, which offers mortgage and savings, estate agency, mortgage services, investments, insurance, financial advisory and legacy planning solutions. Adequate capital and liquidity, cost efficiency and net interest margin are a few of its key strengths, even as overdependence on Europe could be causes for concern. Prolonged low-interest-rate environment, risks related to online identity theft and hacking, and regulatory changes may affect its growth. However, positive mortgage and savings industry outlook in the UK, positive outlook for the economy in the UK and positive mortgage industry in UK, may provide ample growth opportunities to the society.
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