In common with all other banks and building societies in the UK, the Melton is subject to the requirements of Article 89 of the Capital Requirements Directive 4 (CRD4) relating to country-by-country reporting. Specifically, the regulations require each institution to publish information annually on a consolidated basis, by country where they have an establishment.
The following information meets the requirements of CRD4 Article 89 for The Melton Mowbray Building Society Group:
|Nature of activities||Provider of multi-channel mortgage finance, savings products and personal financial advice within the framework of a strong mutual building society|
|Geographical location||United Kingdom|
|Number of employees||93|
|Profit before tax (£’000)||1,419|
|Tax on profit (£’000)||354|