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Nationwide Building Society
BASE PROSPECTUS 31 AUGUST 2017 Nationwide Building Society (Incorporated in England under the Building Societies Act 1986, as amended) U.S.$25,000,000,000 European Note Programme On 17 April 1991 Nationwide Building Society entered into a U.S.$750,000,000 Note Programme (as subsequently amended, the Programme). This Base Prospectus supersedes all previous prospectuses and offering circulars relating to the Programme and supplements thereto. Any Notes issued under the Programme on or after the date hereof are issued subject to the provisions set out herein. This does not affect any Notes issued prior to the date hereof. Pursuant to the Programme, Nationwide Building Society (the Issuer or the Society) may from time to time issue one or more Tranches (as defined herein) of Notes (the Notes, which expression shall include Ordinary Notes, Deposit Notes and Subordinated Notes (each as defined in the Trust Deed (as defined herein))). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme (excluding Deposit Notes) will not exceed U.S.$25,000,000,000 (or its equivalent in other currencies calculated as described herein and subject to increase as provided herein). The Notes may be issued from time to time to one or more of the Dealers (each person so specified on page 6 being a Dealer and together the Dealers, which expression shall include any additional Dealer appointed under the Programme from time to time and which appointment may be for the issue of a specific Tranche of Notes or on an ongoing basis). An investment in Notes issued under the Programme involves certain risks. -
NATIONWIDE BUILDING SOCIETY (Incorporated in England and Wales Under the Building Societies Act 1986, As Amended)
Execution copy SUPPLEMENT DATED DECEMBER 1, 2008 TO THE BASE PROSPECTUS DATED 19 JUNE 2008 NATIONWIDE BUILDING SOCIETY (Incorporated in England and Wales under the Building Societies Act 1986, as amended) $20,000,000,000 Senior and Subordinated Medium-Term Notes Due Nine Months or More from Date of Issue (the Programme) This supplement (the Supplement) to the base prospectus (the Base Prospectus) dated June 19, 2008, as previously supplemented by supplements dated September 22, 2008 and October 17, 2008, constitutes a supplementary prospectus for the purposes of Section 87G of the Financial Services and Markets Act 2000 (the FSMA) and is prepared in connection with the Programme established by Nationwide Building Society (the Issuer). Terms defined in the Base Prospectus have the same meaning when used in this Supplement. This Supplement is supplemental to, and should be read in conjunction with, the Base Prospectus and any other supplements to the Base Prospectus issued by the Issuer and with all documents which are deemed to be incorporated by reference therein. The Issuer accepts responsibility for the information contained in this Supplement. To the best of the knowledge and belief of the Issuer (which has taken all reasonable care to ensure that such is the case) the information contained in this Supplement is in accordance with the facts and does not omit anything likely to affect the import of such information. Copies of all documents incorporated by reference in the Base Prospectus can be obtained from the principal office of the Issuer as described on page 4 of the Base Prospectus. -
Annual Report and Accounts 2010 Our Members’ Needs Set Our Agenda 2010 Annual Report and Accounts Our Members Are at the Heart of Everything We Do
Nationwide Building Society Annual Report and Accounts 2010 Our members’ needs set our agenda 2010 Annual Report and Accounts Our members are at the heart of everything we do In unprecedented economic conditions, our difference has been our strength. That difference is our absolute commitment and responsibility to the people who own us – our members. • We exist to put their needs first and • We exist to recognise the potential with no shareholders to answer to, in our employees and to provide an that’s the biggest difference of all. environment in which they can flourish. • We exist to offer our members the • We exist in harmony with the products they need and which provide environment and remain committed to excellent long term value. minimising the impact we have on it. • We exist to provide an exceptional level • We exist to enhance the communities of service through all of our channels. we share with our members. In short, our business is all about relationships, with our members, with our employees and with the communities in which we all live. Our aim is to make those relationships as fulfilling and as rewarding as possible, for everybody. Nationwide. Proud to be different. Becky and Annie, Fran and Pete, Gavin, Vicki and Lawrie, Melksham Isle of Wight Birmingham Bristol Front cover: Jenni, Hungerford branch 2010 Annual Report and Accounts Contents Financial Highlights 02 Chairman’s Statement 04 Chief Executive’s Review 06 Business Review 10 Corporate Responsibility 37 The Nationwide Foundation 47 Board of Directors 48 Directors’ -
BSA Yearbook 2017/18 …Mitigating Mortgage Security Risk…
Facts, Figures & Opinions BSA Yearbook 2017/18 …mitigating mortgage security risk… Specialist property valuati on advice, carefully sourced, managed, monitored, checked and delivered… Valuati on Risk Management www.AppraisersUK.com [email protected] …mitigating The Building Societies Association (BSA) is the voice Contents of building societies in the UK. We also represent four mortgage credit unions. Our objective is to push for the best outcomes for our Introduction members across the plethora of new and changing • Welcome from Robin Fieth, Chief Executive of 3 security regulation and legislation in the UK and the EU. To do this Building Societies Association we work with the UK Government, the EU Commission, Council and Parliament and regulators, especially the risk… Prudential Regulation Authority and Financial Conduct Editorial Authority. In Europe we are a member of the European Association of Co-operative Banks. • Supporting housing that is affordable, 6 community-led and ecological We also speak out on relevant issues and provide technical information to our members. Our economists • Skipton, Building a better society 8 and specialist policy teams have expertise covering mortgages and housing, savings, financial policy, and • Mortgages for people, not numbers 11 legal and compliance matters. • Coventry Building Society – a new perspective 13 Email: [email protected] • The development of The Nottingham’s Web: www.bsa.org.uk 15 “all under one roof” advice and service Follow us on Twitter: @BSABuildingSocs member proposition ISBN 978-1-869839-40-6 • Building Society, Nationwide 19 • Women in Finance: Key to mutuality? BSA yearbook (Print) ISSN 2044-7116 21 BSA yearbook (Online) ISSN 2057-0333 • Spreading the benefits of Corporate 23 Social Responsibility The views expressed in this magazine are not necessarily those of The Building Societies Association (BSA). -
NATIONWIDE BUILDING SOCIETY (Incorporated in England and Wales Under the U.K
BASE PROSPECTUS NATIONWIDE BUILDING SOCIETY (incorporated in England and Wales under the U.K. Building Societies Act 1986, as amended) $20,000,000,000 Senior and Subordinated Medium-Term Notes Due Nine Months or More from Date of Issue ______________ We may issue at various times up to $20,000,000,000 aggregate principal amount outstanding at any time of senior or subordinated medium-term notes denominated in U.S. dollars or in other currencies or composite currencies. The notes will be issued in series and each series will be the subject of final terms (each “Final Terms”). We are privately placing the notes on a delayed or continuous basis to the placement agents named below (the “Placement Agents”) or through the Placement Agents to qualified institutional buyers as described in this Base Prospectus under the section entitled “Plan of Distribution”. Other than in the case of Guaranteed Notes (as defined below), this document will be considered a base prospectus (“Base Prospectus”) for the purposes of Directive 2003/71/EC (the “Prospectus Directive”). Application has been made to the United Kingdom Financial Services Authority (the “FSA”), in its capacity as competent authority for the purposes of the Prospectus Directive and relevant implementing measures in the United Kingdom (the “U.K. Listing Authority”) for the document to be approved asa Base Prospectus issued in compliance with the Prospectus Directive and relevant implementing measures in the United Kingdom for the purpose of giving information with regard to the issue of notes issued under this program. Application has been made to admit such notes during the period of twelve months after the date hereof to listing on the Official List of the U.K. -
Competition and Choice in Banking
House of Commons Treasury Committee Competition and Choice in Banking Ninth Report of Session 2010–11 Volume II Oral and written evidence Additional written evidence is contained in Volume III, available on the Committee website at www.parliament.uk/treascom Ordered by the House of Commons to be printed 24 March 2011 HC 612–II Published on 2 April 2011 by authority of the House of Commons London: The Stationery Office Limited £22.50 The Treasury Committee The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of HM Treasury, HM Revenue and Customs and associated public bodies. Current membership Mr Andrew Tyrie MP (Conservative, Chichester) (Chairman) John Cryer MP (Labour, Leyton and Wanstead) Michael Fallon MP (Conservative, Sevenoaks) Mark Garnier MP (Conservative, Wyre Forest) Stewart Hosie MP (Scottish National Party, Dundee East) Andrea Leadsom MP (Conservative, South Northamptonshire) Mr Andy Love MP (Labour, Edmonton) John Mann MP (Labour, Bassetlaw) Mr George Mudie MP (Labour, Leeds East) Jesse Norman MP (Conservative, Hereford and South Herefordshire) David Ruffley MP, (Conservative, Bury St Edmunds) John Thurso MP (Liberal Democrat, Caithness, Sutherland, and Easter Ross) Mr Chuka Umunna MP (Labour, Streatham) Mr David Rutley MP (Conservative, Macclesfield) was also a member of the Committee during the inquiry. Powers The Committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. These are available on the Internet via www.parliament.uk. Publication The Reports and evidence of the Committee are published by The Stationery Office by Order of the House. -
An Exploration of Governance and Accountability Issues Within Mutual Organisations: the Case of UK Building Societies
An exploration of governance and accountability issues within mutual organisations: The case of UK Building Societies Ooi Sue Chern A thesis submitted for the degree of Doctor of Philosophy in Accounting Essex Business School University of Essex May 2017 II Dedication This thesis is dedicated to: My father Ooi Swee Hin and my mother Yong Chiew Peng, for your love, encouragement, prayers and sacrifices throughout my life; My sisters Sue Lynn, Sue Imm and Wendy Ooi for your constant positivity, support and love; My nieces and nephew, I hope you will value the power of education and continue to work hard in achieving your dreams; and My late grandmother, Ng Chiew Yong, who I always remember in my prayers. I hope you are proud of me, grandma! III Acknowledgement I would like to express my gratitude to a number of individuals who have helped me through my PhD. First, a very special dedication and thanks is extended to my father, mother and sisters for their love, support, encouragement and prayers throughout my life. Second, I would like to extend my sincere gratitude to my supervisors, Dr Pik Kun Liew and Dr Pawan Adhikari, for their patience, guidance and support throughout this academic journey. I sincerely appreciate their intellectual advice, friendship, encouragement, motivation, supervision and emotional support, which have led to the completion of this thesis. My appreciation and gratitude are also extended to the academic and administrative staff and my colleagues at the University of Essex. More specifically, special thanks are directed to Dr Maha Alsayegh, Dr Aminah Abdullah, Dr Adura Ahmad, Dr Khairul Saidah, Dr Angeliki Balantani and Christina Neokleous. -
BSA Yearbook 2020/21 Facts, Figures & Opinions
BSA Yearbook 2020/21 Facts, Figures & Opinions BSA Yearbook 2020/21 FROM CHEQUE PROTECTIONCLEARING TO PERSONAL PROTECTION We are recognised for our technology systems, including the the market-leading cheque scanning and processing software, Solchar TJ. But did you know our heritage over 40 years is built on supplying businesses with a range of print, labels and other office supplies? Relying on 20 years experience of supplying the NHS, we provide businesses throughout the UK with PPE, sanitising products, social distancing signage and screens in support of the industry’s return to work. Contact the team to learn more 01924 919689 [email protected] hagueprint.com/PPE The Building Societies Association (BSA) is the voice Contents of building societies in the UK. We also represent six credit unions. Our objective is to push for the best outcomes for our Introduction members across the plethora of new and changing • Welcome from Robin Fieth, Chief Executive of regulation and legislation in the UK and the EU. To do this 3 we work with the UK Government, the EU Commission, Building Societies Association Council and Parliament and regulators, especially the Prudential Regulation Authority and Financial Conduct Authority. In Europe we are a member of the European Editorial Association of Co-operative Banks. • Building back better 5 We also speak out on relevant issues and provide technical information to our members. Our economists • How Scottish Building Society provided a safe haven 6 and specialist policy teams have expertise covering in the storm for customers and communities mortgages and housing, savings, financial policy, and legal and compliance matters. -
15 Million Members Building Society, Nationwide
15 million members building society, nationwide Annual Report & Accounts 2018 1 Annual Report and Accounts 2018 2018 highlights Building society, nationwide We are the world’s largest building society. We thrive when our members thrive, and this has been another strong year for us. Together we can achieve more. Building thriving membership More members are doing more with us Record current Record gross accounts opened prime mortgage 816,000 lending With more people opening with Nationwide than any other brand2 £29.4 billion 2017: 795,000 2017: £29.1 billion Member Record membership Record first financial benefit1 time buyers £560 15.5 million 76,000 members helped onto the housing ladder. million of which 8.1 million engaged members3 Around 1 in 5 in the UK 2017: £505 million 2017: 15.1 million/7.8 million 2017: 75,000 Built to last A stable and secure Society that uses its members’ money wisely £1,022 £977 4.9% 0% million UK leverage ratio million cost growth while underlying profit4 Reflects our careful growing membership statutory approach to looking after Within our financial our members’ money £1,979 million underlying costs performance framework profit 2017: 4.4% 2017: 10% /£1,979 million 2017: £1,030 million 2017: £1,054 million 2 Annual Report and Accounts 2018 Building legendary service Our members expect the best service Strategic Report Report Strategic Specialist Support Service 1st More44% current account Customer members using our 24/7 satisfaction 4,500 members needing mobile services With a lead of 4.6% ahead of Now 2 million members in total. -
NATIONWIDE BUILDING SOCIETY (Incorporated in England and Wales Under the Building Societies Act 1986, As Amended)
SUPPLEMENT DATED DECEMBER 11, 2009 TO THE BASE PROSPECTUS DATED JUNE 25, 2009 NATIONWIDE BUILDING SOCIETY (Incorporated in England and Wales under the Building Societies Act 1986, as amended) $20,000,000,000 Senior and Subordinated Medium-Term Notes Due Nine Months or More from Date of Issue (the Program) This supplement (the Supplement) to the base prospectus (the Base Prospectus) dated June 25, 2009 constitutes a supplementary prospectus for the purposes of Section 87G of the Financial Services and Markets Act 2000 (the FSMA) and is prepared in connection with the Program established by Nationwide Building Society (the Issuer). Terms defined in the Base Prospectus have the same meaning when used in this Supplement. This Supplement is supplemental to, and should be read in conjunction with, the Base Prospectus and any other supplements to the Base Prospectus issued by the Issuer and with all documents which are deemed to be incorporated by reference therein. The Issuer accepts responsibility for the information contained in this Supplement. To the best of the knowledge and belief of the Issuer (which has taken all reasonable care to ensure that such is the case) the information contained in this Supplement is in accordance with the facts and does not omit anything likely to affect the import of such information. Copies of all documents incorporated by reference in the Base Prospectus can be obtained from the principal office of the Issuer as described on page 4 of the Base Prospectus. To the extent that there is any inconsistency between (a) any statement in this Supplement or any statement incorporated by reference into the Base Prospectus by this Supplement and (b) any other statement in or incorporated by reference in the Base Prospectus, the statements in (a) above will prevail. -
Nationwide Building Society U.S.$25,000,000,000 European Note Programme
BASE PROSPECTUS 28 SEPTEMBER 2015 Nationwide Building Society (Incorporated in England under the Building Societies Act 1986, as amended) U.S.$25,000,000,000 European Note Programme On 17 April 1991 Nationwide Building Society entered into a U.S.$750,000,000 Note Programme (as subsequently amended, the Programme). This Base Prospectus supersedes all previous prospectuses and offering circulars relating to the Programme and supplements thereto. Any Notes issued under the Programme on or after the date hereof are issued subject to the provisions set out herein. This does not affect any Notes issued prior to the date hereof. Pursuant to the Programme, Nationwide Building Society (the Issuer or the Society) may from time to time issue one or more Tranches (as defined herein) of Notes (the Notes, which expression shall include Ordinary Notes, Deposit Notes and Subordinated Notes (each as defined herein)). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme (excluding Deposit Notes) will not exceed U.S.$25,000,000,000 (or its equivalent in other currencies calculated as described herein and subject to increase as provided herein). The Notes may be issued from time to time to one or more of the Dealers (each person so specified on page 6 being a Dealer and together the Dealers, which expression shall include any additional Dealer appointed under the Programme from time to time and which appointment may be for the issue of a specific Tranche of Notes or on an ongoing basis). An investment in Notes issued under the Programme involves certain risks.