Dunfermline Building Society

Blog 30 Mar 2009 By
Had a look at the Society’s accounts for 2007 and at 31 December there was an FRS17 liability of £32.9 versus assets of £25.7.  £16.2 million was in equities so will be worse now.

Looks like a likely new entrant to the PPF unless there is a very substantial element of the liabilities that exceed the cap for compensation.

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