SECURE FUTURE NEEDED FOR DUNFERMLINE SAVERS.

SECURE FUTURE NEEDED FOR DUNFERMLINE SAVERS.

Commenting on the range of reports covering the future of the Dunfermline Building Society SNP Treasury spokesman, Stewart Hosie MP, said:

“At present the focus on the Dunfermline’s finances are largely speculation and we must remember that as we await full facts from the society in the coming weeks.

“The importance of the Dunfermline remaining as an independent financial institution is underlined by its major contribution to social housing provision and employment in Scotland. The Dunfermline is clearly also home to the savings and mortgages of many people in Scotland.

“Reports that the Treasury and FSA knew of problems at Dunfermline some time ago and refused to offer assistance are seriously disturbing, and add to the catalogue of failures that are mounting up against the UK government. I sincerely hope these reports do not turn out to be true.

“Our priority must be securing the Dunfermline’s independent financial status, and protecting its customers and their savings. If the society is facing difficulties it must be given all the support it needs."