Banking crisis 'boosts account numbers at Principality'


The public's loss of trust in the UK's banking sector has helped boost trade for the Principality building society, according to its outgoing group chief executive.

Peter Griffiths told Radio Wales the Wales-based group had "benefited hugely" from banks reducing their presence on the high street.

The Principality has published its half year results, reporting a £167.8m growth in savings in the first six months of 2012.

Mr Griffiths spoke to Bethan Rhys Roberts.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.