Company type | Public limited company |
---|---|
Industry | Financial services |
Founded | 1847 |
Fate | Merged with parent |
Headquarters | London, United Kingdom |
Products | Mortgages |
Parent | Barclays |
Website | Barclays Group Archives: The Woolwich |
The Woolwich Equitable Building Society (later Woolwich Building Society or The Woolwich) was founded in Woolwich in 1847 and remained a local institution until after WWI when it began a modest regional expansion. This accelerated after WWII and the period from 1960 was notable for its acquisitions. Following deregulation, the Society diversified and became one of the largest national building societies.
In 1997 it demutualised and became Woolwich PLC. The company was listed on the London Stock Exchange. It was once a constituent of the FTSE 100 Index but was acquired by Barclays in 2000.