Yorkshire Building Society (YBS) continues its climb up the performance tables, clinching the top spot in this year’s overall best-performing banks ranking, after moving up one position into second spot last year. Leading high street banks, however, have slipped down the rankings.
Despite being ranked eighth in terms of Tier 1 capital in the Top 1000, which excludes foreign-owned subsidiaries, YBS has finished first overall amongst the 10 largest domestic UK banks and at the top of the table for growth and operational efficiency, while placing second for profitability, asset quality and soundness.