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The Woolwich was the trading name of the Woolwich Building Society, founded in 1847 as one of the first 'permanent' building societies. It is now a trading name of Barclays Bank PLC. A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ...
1847 was a common year starting on Friday (see link for calendar). ...
Barclays Bank headquarters One Churchill Place, Canary Wharf Barclays plc (LSE: BARC, NYSE: BCS, TYO: 8642 ) is the fourth largest bank in the United Kingdom. ...
The Woolwich was one of the largest UK building societies, and was famous in the 1980s for its entertaining TV advertising incorporating the slogan "I'm with the Woolwich".
The Woolwich Building Society demutualised in 1997, giving up its mutual status to become a plc. Woolwich plc was formed, giving shares to investing and borrowing members of the society, and listing on the London Stock Exchange. The term demutualization (or demutualisation) describes the process by which mutual organizations or companies (mutuals) convert themselves to for-profit (or profit-making) public companies which distribute profits to their shareholders in the form of dividends. ...
1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ...
A mutual organization (or society) is a cooperative organization (which is often, but not always, a company or business) based on the principle of mutuality. ...
The initials plc after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the pubic. ...
It has been suggested that shareholder be merged into this article or section. ...
The Source by Greyworld, in the new LSE building Paternoster Square. ...
In 2000 Barclays bought Woolwich plc, and it thus became part of the Barclays Bank Group of companies. The Woolwich brand name was retained after the acquisition, and the Woolwich Head Office remained based in Bexleyheath in southeast London, about 5 miles from the original first office in Woolwich. This article is about the year 2000. ...
Bexleyheath, formerly known as Bexley New Town, part of the London Borough of Bexley, consists of a suburban development located 12 miles (19. ...
London (pronounced ) is the capital city of England and the United Kingdom. ...
Woolwich is a suburb in south-east London, England in the London Borough of Greenwich, on the south side of the River Thames, though the tiny exclave of North Woolwich (which is now part of the London Borough of Newham) is on the north side of the river. ...
On June 28, 2006 Barclays announced [1] that The Woolwich will become the Barclays UK mortgage brand, supported by Barclays branches. Woolwich branches will be re-branded as Barclays. Associated changes to call centres may affect up to 1,200 jobs.[2] The Woolwich contact center in Clacton-On-sea will be the main loss of jobs, closing at the end of 2007. Woolwich accounts will migrate to Barclays starting in early 2007. June 28 is the 179th day of the year (180th in leap years) in the Gregorian Calendar, with 186 days remaining. ...
2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ...
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