Nationwide Building Society: saving market share of the UK's savings market 2011-2019

The UK based Nationwide Building Society is the largest building society in the world with approximately 15.9 million members, of which over half were active members in 2019. As well as being a building society, Nationwide is one of the United Kingdom’s leading and most widespread financial institutes, specializing in household savings and mortgages.

Market share of Nationwide products

As of April 2019, Nationwide’s market share of UK’s savings accounts market increased by 0.1 percent from the previous year. Impressively, the Swindon based company still held a UK market share of 10.1 percent in 2019. Furthermore, Nationwide also gained its share of the mortgage market held. The group also saw an increasing market share of current accounts held in the UK.

Assets and profit

Between 2014 and 2019, the Nationwide Building Society saw total assets increased by almost 50 billion British pounds. The vast majority of its assets were through loans and advances to customers. Although the group has seen market shares increase in products offered, the building society has seen underlying profit decrease annually between 2016 and 2019

Market share of the whole UK savings market going to the British-headquartered Nationwide Building Society from 2011 to 2019

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Source

Release date

June 2019

Region

United Kingdom

Survey time period

2011 to 2019

Supplementary notes

The results show the financial year ending in April respectively in each year.

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Statistics on "Individual savings accounts in the United Kingdom (UK)"

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