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West Bromwich posts eight per cent increase in assets

West Bromwich Building Society has posted an eight per cent increase in total assets to 6.4bn pounds in a set of strong half year results.

Group pre-tax profit rose by 3 per cent from prior period to 20.9m. Mortgage assets were up 9 per cent to 5.1bn pounds, with gross lending up eight per cent to 1bn.

These results confirm the West Broms position as the 9th largest building society in the UK.

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