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Home > Company Index > Banking > Banking - Europe > Woolwich plc

Woolwich plc
 NEWS FROM THE STANDARD
Wild About Wireless?
Jul 31 2000 05:30 AM PDT

 PROFILE
Baa, baa, black sheep, have you any loans? Formerly a major UK building society, the Woolwich still makes residential mortgage loans. The company provides its personal finance products and services through more than 300 branches in the UK; it also operates subsidiaries in France and Italy. The bank's Woolwich Insurance Services sells auto and household insurance. Woolwich also has a 90% ownership stake in life insurer Woolwich Life (Royal & Sun Alliance Insurance Group owns the other 10%). Other company offerings include financial planning, surveying services, and offshore banking; it also offers online, wireless, and TV banking services. Woolwich is a subsidiary of Barclays PLC.

 COMPETITION
Abbey National plc (ANL)
Halifax plc (HFX)
Lloyds TSB Group plc (LLOY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 3,944.10
1-Yr. Sales Growth: (13.2)%
Employees: 5,756
Revenue per employee: $685,215.43

 KEY PEOPLE
• Lynne M. Peacock
    CEO

 CONTACT INFO
Watling St.
Bexleyheath Kent DA6 7RR, United Kingdom
Phone: 44-20-8298-5000
Fax: 44-20-7699-3644
Online: Web Site

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