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Building societies occupy an important position in the UK financial services sector and potentially in the Continental European market too. This book provides an examination of their structure and performance within a deregulated and increasingly competitive business environment. The authors analyze how the societies have adapted to a period of unprecedented change, and consider the future options facing the societies as they develop in the 1990s. By analyzing the sector in terms of national, regional and local societies, the authors are able to provide greater insights into the dynamics of the sector. Based on the themes of structure, performance and change consideration is given to key aspects of the strategic and operational features of UK building societies, for example, marketing, product diversification, information technology, legal reform, relocation and organizational change. The text also provides a perspective on future involvement of building societies in the Single European Market.
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