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Leeds & Holbeck Building Society announces 2 per cent rise in profits


Leeds & Holbeck Building Society&#39s pre-tax profits increased 2 per cent to £12.6m in the first half of 1999 from £12.3m over the same period in 1998.


The society says the modest increase is a result of it dropping its net interest margin to 1.28 per cent from 1.46 per cent.


The society says it took £2.5bn in savings during the first half of this year including 20,000 Isas.

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