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Principality Building Society

The principality Building Society is a member of the Building Societies Association and has its head office in Cardiff, Wales. The Principality Building Society is a mutual society which means that it is completely owned by the owners and shareholders have no say in the day to day affairs of the company. They have their operations spread across retail banking, investments, savings and Mortgages. They have an asset base of 5.9 billion pounds and a workforce of more than a thousand qualified professionals.

With fifty one branches spread across the country, the Principality Building Society is further expanding. They have entered the personal loan segment. Personal loans are sent under the banner of Nemo Personal Loans. This company has been doing very well for itself having won the ‘Business of the year’ award in the year 2005 and many other significant awards following that. Besides the principal company, the society also has two wholly owned subsidiaries. One of them is Peter Alan which has around twenty one branches spread across Wales. There is a lettings down division which helps people with the purchase and sale of properties in real estate. The Principality Building Society is the tenth largest building society in the country.