YBS confirms no exposure to Icelandic Banks

Recent media coverage has highlighted the problems with the Icelandic banking system and the resulting issues for UK savers as well as for local authorities, charities and others who have funds deposited with these banks.

In particular, some some organisations have begun to announce material loans to Icelandic banks which they may now not be able to recover.

The Yorkshire Building Society can confirm these are not organisations with whom we do business, and so we therefore have no direct exposure to them.


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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).