0 £0.00
This item was added to your basket
Credit Strategy homepage
LinkedIn
Twitter
Credit Strategy sections
Topics ▼
Features ▼
Arrears analysis: Nationwide sets aside £746m for losses in consumer banking and mortgages

Arrears analysis: Nationwide sets aside £746m for losses in consumer banking and mortgages

Full-year results from Nationwide Building Society show the lender has made provisions of £746m for losses in consumer banking and mortgage lending, though its total membership has reached a record 16.3 million

Top Stories

Arrears analysis: Nationwide sets aside £746m for losses in consumer banking and mortgages
Share on LinkedInShare on Twitteremail

Arrears analysis: Nationwide sets aside £746m for losses in consumer banking and mortgages

29 May 2020 Marcel LeGouais
Full-year results from Nationwide Building Society show the lender has made provisions of £746m for losses in consumer banking and mortgage lending, though its total membership has reached a record 16.3 million

More news

Lowell posts growth in estimated collections and cash income

Lowell posts growth in estimated collections and cash income

Top Stories22 May 2020
Debt purchaser Lowell has posted growth in cash income, EBITDA and its 120-month estimated remaining collections (ERC) figure, in a Q1 trading update, despite purchases falling during the quarter
More than two million in council tax arrears, as charities demand government action

More than two million in council tax arrears, as charities demand government action

Top Stories21 May 2020
Debt charities have demanded the government change “ineffective” regulations on council tax collections, after publishing estimates that two million people are in arrears to local authorities
Corporates taking emergency funding forced to curb executive pay

Corporates taking emergency funding forced to curb executive pay

Top Stories19 May 2020
The Bank of England is forcing all firms planning to draw on its emergency financing facility, for a term beyond May 2021, to restrain executive pay and dividends. Companies using the funding will also be named from June 4
Fraudster confesses to harvesting bank data, as authorities issue warnings over Covid-19 scams

Fraudster confesses to harvesting bank data, as authorities issue warnings over Covid-19 scams

Top Stories18 May 2020
A man has pleaded guilty to sending fraudulent text messages linked to Covid-19, after an investigation by a police unit funded by the banking industry
Mazars appointed as trustees to ex Russian bankers guilty of multi-billion dollar fraud

Mazars appointed as trustees to ex Russian bankers guilty of multi-billion dollar fraud

Turnaround, Restructuring and Insolvency news15 May 2020
Ann Nilsson, Matt Carter and Ed Thomas at Mazars, the international accounting and advisory firm, have been appointed as joint trustees in the bankruptcy of Ilya Yurov and Nikolay Fetisov, the former owners of Russian bank National Bank Trust (NBT).

Trending

Jason Wassell

Premium: “It is time for a grown-up discussion about the role of consumer credit”

28 May 2020 Jason Wassell
An evidence-based discussion, led by the Treasury, is needed to define the role consumer credit lenders can play in our society and the economy’s recovery, argues The Consumer Finance Association’s Jason Wassell
Read more

GET THE LATEST INDUSTRY NEWS STRAIGHT TO YOUR INBOX

Continuity in a crisis: The UK’s largest lenders explain how they’ve transitioned to WFH polices, and supported up to 1.6million customers, during the pandemic

Continuity in a crisis: The UK’s largest lenders explain how they’ve transitioned to WFH polices, and supported up to 1.6million customers, during the pandemic

Edition’s highlights:

→ Worse than the 2008 crash? Our resident economist explains why this year’s recession could be deeper than the economic depression of 08/09

→ Covid-19 exposes the UK’s financial fragility: How coronavirus is exposing weaknesses in welfare policy and household finances

→ Putting credit invisibles on the map: How our survey with Experian revealed the regions where consumers are invisible on credit information
Read the issue

The CS Interview

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

19 Feb 2020 Amber-Ainsley PritchardAmber-Ainsley Pritchard
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Read full interview

Opinion

Jason Wassell

Premium: “It is time for a grown-up discussion about the role of consumer credit”

28 May 2020 Jason Wassell
An evidence-based discussion, led by the Treasury, is needed to define the role consumer credit lenders can play in our society and the economy’s recovery, argues The Consumer Finance Association’s Jason Wassell
Jason Wassell

Premium: Credit scoring and coronavirus - how can we protect the most vulnerable?

28 May 2020 Steve Grice
Consumers who turn to high-cost credit to cover emergency bills during the pandemic may find their credit scores are negatively impacted, even if they use it responsibly. Elevate Credit’s managing director Steve Grice explains why this unfair imbalance needs to be addressed
Jason Wassell

Premium: In ill times, we need ‘good banks’ more than ever

28 May 2020 Chris Fitch
During the recession of 2008/09, much of the debate between public figures centred on the need for banks to become a force for social good. With some examples from Tesco Bank, Starling Bank and others, Chris Fitch explains how the pandemic has provided a means to fulfil that purpose
Credit Awards
7 Sep

Credit Awards

Grosvenor House Hotel, London
Parliamentary Reception
15 Sep

Parliamentary Reception

Houses of Parliament, London
FSE London
16 Sep

FSE London

FSE Manchester
22 Sep

FSE Manchester

Features

Premium: “It is time for a grown-up discussion about the role of consumer credit”

Premium: “It is time for a grown-up discussion about the role of consumer credit”

28 May 2020 Jason Wassell Jason Wassell
An evidence-based discussion, led by the Treasury, is needed to define the role consumer credit lenders can play in our society and the economy’s recovery, argues The Consumer Finance Association’s Jason Wassell
Premium: Credit scoring and coronavirus - how can we protect the most vulnerable?

Premium: Credit scoring and coronavirus - how can we protect the most vulnerable?

 Steve Grice
Premium: In ill times, we need ‘good banks’ more than ever

Premium: In ill times, we need ‘good banks’ more than ever

 Chris Fitch
More feature stories

Credit 500 - an index of influence

Credit 500
Alex Ellerton

Alex Ellerton

Partner
Grant Thornton
Andrew Brameld

Andrew Brameld

Managing Director
BNP Paribas Personal Finance
Cyrille Sallé de Chou

Cyrille Sallé de Chou

Chief Risk Officer
HSBC
David Poole

David Poole

Chief Risk Officer
Brighthouse
Doriana Iovino

Doriana Iovino

Chief Risk Officer
Vive Bank
View Credit 500 Nominate for 2020

Webinar recordings

Listen on demand: Responsible lending in a lockdown webinar

Listen on demand: Responsible lending in a lockdown webinar

Credit Strategy members can now listen on demand ...
Listen on demand - mortgage webinar: The future of the digital mortgage journey

Listen on demand - mortgage webinar: The future of the digital mortgage journey

In this webinar with Experian, we explored ...
Last chance to register for webinar - the essentials of a digital mortgage proposition

Last chance to register for webinar - the essentials of a digital mortgage proposition

As consumer expectations for their mortgage ...
Listen on demand - commercial finance webinar: The evolution of small business lending

Listen on demand - commercial finance webinar: The evolution of small business lending

The commercial lending market continues to go ...

Insight tools

Speaker Interview: Experian's Rob Haslingden

Credit Strategy speaks to Experian’s Rob Haslingden at the Lending Summit 2019

Speaker Interview: Experian's James McGarva

Credit Strategy speaks to Experian’s James McGarva at the Lending Summit 2019

Speaker Interview: Experian's Emma Davies

Credit Strategy speaks to Experian’s Emma Davies at the Lending Summit 2019
More insight tools

Careers

Appointments

Qualco appoints Franklin as global business development director

Qualco appoints Franklin as global business development director

17 Mar 2020
Former EY insolvency partner Bingham takes R3 chief executive post

Former EY insolvency partner Bingham takes R3 chief executive post

06 Mar 2020
Lowell appoints CFO Wilson

Lowell appoints CFO Wilson

20 Feb 2020

Magazine digital editions

Continuity in a crisis: The UK’s largest lenders explain how they’ve transitioned to WFH polices, and supported up to 1.6million customers, during the pandemic
A broader view: Cambridge Building Society’s Victoria Stubbs explores the broadening responsibilities chief risk officers now face
The game changer: Now in charge of £23bn of public sector debt, the Cabinet Office’s Steve Coppard talks cultural change
Safe passage: How chief risk officers are navigating economic threats
Digital Fortress: Captains of Industry survey reveals FTSE executives’ fears around data protection
Fast lane: Why IFRS 9 is already accelerating debt sale activity
Read previous editions
Credit Strategy
LinkedIn page
Member of

Did you find our website useful?

Thank you for your input

Thank you for your feedback

creditstrategy.co.uk – an online news and information service for the UK’s commercial and consumer credit industry. creditstrategy.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Credit Strategy is committed to diversity in the workplace. @ Copyright Shard Media Group