Principality Building Society

Business Focus
housing financing

Founded in 1876, Principality Building Society provides a wide range of mortgage and savings products at competitive rates to its customers (residents of the United Kingdom only). Savings accounts made with Principality Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

retail banking

Clients

natural persons
companies

Area Served

GBUnited Kingdom

Products

savings accounts
insurance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Financials

Total Assets of Principality Building Society
Market Share of Principality Building Society
Total Assets (2019)
9,687.40 mln GBP  (+4.59%)
Total Members (2019)
524,038  (-2.77%)

In 2019 total assets of Principality Building Society were 9 687,40 mln GBP. Principality Building Society is the 6th largest building society in the United Kingdom (out of 43 building societies) having market share of 2.33% amongst the building societies of this category. In 2019 there were 524 038 members in Principality Building Society.

Credit Ratings

Fitch: BBB+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Principality Building Society is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa2 (lower medium grade).

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Principality Building Society participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Principality Building Society is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

Principality Buildings, Queen Street, CF1 1UA, Cardiff, United Kingdom
89
44 02920382000
44 02920374567

Principality Building Society is headquartered in Cardiff.

Bank Identifiers

BIC (SWIFT)
PRINGB22XXX
LEI
2138003CSNVJEPFZ3U52
Company Number
455B
MFI ID
GB2090

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
155998

Principality Building Society is authorized and supervised by the Financial Conduct Authority (reference number 155998).

Bank History

Start Date
March 1876