Nationwide Building Society expects to beat expectations for Irish market

BRITISH building society Nationwide said it is on track to beat expectations for its first full year of trading in the Irish market.

The company has reported a group-wide underlying pre-tax profit of £117 million (€130m) for the six months to the end of September, compared to a profit of £322m for the corresponding period last year.

The society launched an online savings service in Ireland, under the Nationwide UK (Ireland) name at the end of March.