wanweipedia

List of banks in the United Kingdom


Banks incorporated in the UK

A full list of businesses considered banks by the Prudential Regulation Authority are listed in the table below. The list is based on the definition of 'bank' in the glossary of the PRA Handbook.[1]

Name of bank Parent company Location of headquarters
(Parent where applicable)
Abbey National Treasury Services plc Santander Group Spain
ABC International Bank plc Arab Banking Corporation Bahrain
The Access Bank UK Limited Access Bank Group Nigeria
ADIB (UK) Ltd Abu Dhabi Islamic Bank United Arab Emirates
Ahli United Bank (UK) plc Ahli United Bank Bahrain
AIB Group (UK) plc Allied Irish Banks Republic of Ireland
Al Rayan Bank plc Masraf Al Rayan Qatar
Aldermore Bank plc FirstRand South Africa
Alliance Trust Savings Limited Alliance Trust Scotland
Allica Bank Independently run England
Alpha Bank London Limited Alpha Bank Greece
ANZ Bank (Europe) Limited Australia and New Zealand Banking Group Australia
Arbuthnot Latham & Co Limited Arbuthnot Banking Group England
Atom Bank plc Independently run England
Axis Bank UK Limited Axis Bank India
Bank and Clients plc Ocean Industries S.A. Luxembourg
Bank Leumi (UK) plc Bank Leumi Israel
Bank Mandiri (Europe) Limited Bank Mandiri Indonesia
Bank of America Merrill Lynch International Limited Bank of America United States of America
Bank of Baroda Government of India India
Bank of Beirut (UK) Ltd Bank of Beirut Lebanon
Bank of Ceylon (UK) Ltd Bank of Ceylon Sri Lanka
Bank of China (UK) Ltd Bank of China China
Bank of Communications (UK) Limited Bank of Communications China
Bank of Cyprus UK Limited Bank of Cyprus Cyprus
Bank of India Government of India India
Bank of Ireland (UK) Plc Bank of Ireland Republic of Ireland
Bank of London and The Middle East plc Independently run England
The Bank of New York Mellon (International) Limited The Bank of New York Mellon United States of America
Bank of Scotland plc Lloyds Banking Group Scotland
Bank of the Philippine Islands (Europe) plc Bank of the Philippine Islands Philippines
Bank Saderat plc Bank Saderat Iran Iran
Bank Sepah International plc Bank Sepah Iran
Barclays Bank plc Barclays England
BFC Bank Ltd BFC Group Holdings W.L.L. Bahrain
BIRA Bank Ltd Independently run England
BMCE Bank International plc BMCE Bank International England
British Arab Commercial Bank plc British Arab Commercial Bank England
Brown Shipley & Co Limited KBL European Private Bankers Luxembourg
C. Hoare & Co Independently run England
CAF Bank Ltd Independently run England
Cambridge & Counties Bank Limited 50% by Trinity Hall, a Cambridge University college, and 50% by Cambridgeshire Local Government Pension Scheme England
Cater Allen Limited Santander Group Spain
Charity Bank Limited Independently run England
Charter Court Financial Services Limited Independently run England
China Construction Bank (London) Limited China Construction Bank China
CIBC World Markets plc CIBC World Markets Canada
ClearBank Ltd Independently run England
Close Brothers Limited Close Brothers Group England
Clydesdale Bank plc Virgin Money UK plc England
The Co-operative Bank plc Independently run England
Coutts & Company NatWest Group Scotland
Credit Suisse (UK) Limited Credit Suisse Switzerland
Credit Suisse International Credit Suisse Switzerland
Crown Agents Bank Limited Helios Investment Partners England
DB UK Bank Limited Deutsche Bank Germany
Diamond Bank (UK) plc Diamond Bank Nigeria
Duncan Lawrie Limited Camellia plc England
EFG Private Bank Limited EFG International Switzerland
Europe Arab Bank plc Arab Bank Jordan
FBN Bank (UK) Ltd First Bank of Nigeria Nigeria
FCE Bank plc Ford Motor Credit Company United States of America
FCMB Bank (UK) Limited First City Monument Bank Nigeria
Gatehouse Bank plc Independently run England
GE Capital Bank Limited GE Capital United States of America
Ghana International Bank plc Independently run England
Goldman Sachs International Bank Goldman Sachs United States of America
Guaranty Trust Bank (UK) Limited Guaranty Trust Bank Nigeria
Gulf International Bank (UK) Limited Gulf International Bank Bahrain
Habib Bank Zurich Plc Habib Bank AG Zurich Switzerland
Habibsons Bank Limited Habib Bank Limited Pakistan
Hampden & Co Plc Independently run Scotland
Hampshire Trust Bank Plc Independently run England
Havin Bank Ltd Independently run England
HSBC Bank Plc HSBC England
HSBC Private Bank (UK) Limited HSBC England
HSBC Trust Company (UK) Ltd HSBC England
ICBC (London) plc Industrial and Commercial Bank of China China
ICBC Standard Bank Plc Industrial and Commercial Bank of China China
ICICI Bank UK Plc ICICI Bank India
Investec Bank PLC Investec South Africa
Itau BBA International PLC Itaú Unibanco Brazil
J.P. Morgan Europe Limited J.P. Morgan England
J.P. Morgan International Bank Limited J.P. Morgan England
J.P. Morgan Securities plc J.P. Morgan England
Jordan International Bank Plc The Housing Bank for Trade and Finance Jordan
Julian Hodge Bank Limited Independently run Wales
Kexim Bank (UK) Ltd Export–Import Bank of Korea South Korea
Kingdom Bank Ltd Assemblies of God Property Trust England
SG Kleinwort Hambros Bank Limited Société Générale France
Kookmin Bank International Limited KB Kookmin Bank South Korea
Lloyds Bank Plc Lloyds Banking Group England
Lloyds Bank Private Banking Limited Lloyds Banking Group England
Macquarie Bank International Ltd Macquarie Group Australia
Marks & Spencer Financial Services Plc HSBC Bank plc England
Masthaven Bank Limited Independently run England
Melli Bank plc Bank Melli Iran Iran
Methodist Chapel Aid Limited Independently run England
Metro Bank PLC Independently run England
MUFG Mitsubishi UFJ Financial Group, Inc. Japan
Mizuho International Plc Mizuho Financial Group Japan
Monzo Bank Ltd Independently run England
Morgan Stanley Bank International Limited Morgan Stanley United States of America
National Bank of Egypt (UK) Limited National Bank of Egypt Egypt
National Bank of Kuwait (International) Plc National Bank of Kuwait Kuwait
National Westminster Bank Plc NatWest Group England
Nomura Bank International Plc Nomura Group Japan
Northern Bank Limited Danske Bank Denmark
Northern Trust Global Services Ltd Northern Trust United States of America
OakNorth Bank Limited Independently run England
OneSavings Bank Plc OneSavings Bank England
Paragon Bank Plc Paragon Banking Group England
PCF Group Plc Independently run England
Persia International Bank Plc Bank Mellat Iran
Philippine National Bank (Europe) Plc Philippine National Bank Philippines
Punjab National Bank (International) Limited Punjab National Bank India
QIB (UK) Plc Qatar Islamic Bank Qatar
R. Raphael & Sons Plc Lenlyn Holdings Plc England
Rathbone Investment Management Limited Independently run England
RBC Europe Limited RBC Capital Markets Canada
Reliance Bank Ltd Independently run England
Royal Bank of Scotland Plc, The NatWest Group Scotland
Sainsbury's Bank Plc Independently run Scotland
Santander UK Plc Santander Group Spain
Schroder & Co Ltd Independently run England
Scotiabank Europe Plc Scotiabank Canada
Scottish Widows Bank Plc Lloyds Banking Group Scotland
Secure Trust Bank Plc Independently run England
Shawbrook Bank Limited Independently run England
Smith & Williamson Investment Services Limited Independently run England
Sonali Bank (UK) Limited 51% of the shares are held by Bangladesh Government and 49% by Sonali Bank Ltd, Bangladesh Bangladesh
Standard Chartered Bank Independently run- it does not conduct retail banking in the UK. The bank operates primarily in Asia and Africa. England
Starling Bank Limited Independently run England
State Bank of India State Bank of India Group India
Sumitomo Mitsui Banking Corporation Europe Limited Sumitomo Mitsui Financial Group Japan
Tandem Bank Limited Tandem Money Limited England
TD Bank Europe Limited Toronto-Dominion Bank Canada
Tesco Personal Finance Plc Independently run England
TSB Bank plc Banco Sabadell Spain
Turkish Bank (UK) Ltd The Turkish Bank Group Turkey
UBS Limited UBS Switzerland
Ulster Bank Ltd NatWest Group Ireland
Union Bank of India (UK) Limited Union Bank of India India
Union Bank UK Plc Union Bank of Nigeria Nigeria
United National Bank Limited United Bank (Pakistan) Pakistan
United Trust Bank Limited Independently run England
Unity Trust Bank Plc Independently run England
Vanquis Bank Limited Provident Financial England
Virgin Money Virgin Money UK plc England
VTB Capital plc VTB Bank Russia
Weatherbys Bank Limited Weatherbys England
Wesleyan Bank Limited Wesleyan Assurance Society England
Westpac Europe Ltd Westpac Australia
Wyelands Bank Plc GFG Alliance England
Yorkshire Bank Virgin Money UK plc England
Zenith Bank (UK) Limited Zenith Bank Nigeria
Zopa Bank Ltd Independently run England

There is also a government-run savings bank called National Savings and Investments.

British Retail Banks

These banks provide retail services to the general public. Retail banks are usually known as High street banks because they have multiple branch locations located in the commercial part of cities and towns across the UK. Four British retail banks have no physical branch presence, however.

The retail and commercial banking markets are dominated by five big banks. HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK who operate more than one banking brand in the UK.

Bank Year

Est.

Headquarters Total assets (£bn) Staff Branches

in UK

Atom Bank 2013 Durham, United Kingdom 2.8[2] 357[3] Online only
Bank of Ireland UK 1783 London, England 1,700
Barclays 1690 London, England 873 1,542
HSBC UK 1865 London, England 1,998 511
Danske Bank UK 1824 Belfast, Northern Ireland
Lloyds Banking Group[a] 2009 Edinburgh, Scotland, Registered office

London, England,

Operational headquarters

794
Metro Bank 2010 London, England 21.6 2,831 77
Monzo 2015 London, England 0.6 1,600 Online only
NatWest Group††[b] 1968 Edinburgh, Scotland 691.0
Santander Bank 2010 London, England 231 25,872 857
Starling Bank 2014 London, England 1.2[5] Online only
Tandem Bank 2015 London, England 0.5[6] Online only
The Cooperative Bank 1872 Manchester, England 25.5[7] 3,350 152[8]
TSB Bank 1810 Edinburgh, Scotland 7,000 536
Virgin Money(Clydesdale Bank & Yorkshire Bank) 1995 Newcastle Upon Tyne, England 90.5 79
  1. ^ Includes Lloyds Bank and Bank of Scotland (including Halifax, Birmingham Midshires and Intelligent Finance).
  2. ^ Includes NatWest, the Royal Bank of Scotland and Ulster Bank. The UK government owns a stake of 62% of NatWest Group's ordinary shares, but the bank remains nominally independent of government[4]


The list of retail banks shrank significantly as a result of the 2007/2008 Global Financial Crisis (GFC).

Northern Rock which was a building Society before becoming a bank in 1997, failed following the first bank run in the UK in 150 years. It was nationalised by the UK Government on 22 February 2008 and then sold to Virgin Money on 1 January 2012.

Bradford & Bingley was nationalised in 2008 and sold to Abbey National who rebranded Santander on 11 January 2010. They also acquired Alliance & Leicester and merged into Santander UK in 2010.

On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc, which took effect on 19 January 2009, when HBOS was acquired and folded into Lloyds Banking Group.[9][10][11]

Retail Banks owned by Retailers

There are a number of other retail banking businesses owned by retailers including:

UK banking brands owned by foreign banks

Building Societies in the UK

The other main class of consumer financial service organisation in the United Kingdom is the building society. The building society sector has become much smaller with fewer building societies. This was caused, firstly, a number of building societies demutualising in the 1980s and 1990s and subsequently, taken over by banks. Secondly, there has been ongoing consolidation via mergers between societies.

There are 42 building societies in the UK as of 2021 which provide retail banking services to the general public. The five largest as at October 2020 are:

Name Year

Est.

Headquarters Total

Assets

(£bn)

Employees Branches
Nationwide 1846 Swindon, England, UK 208[12] 18,333 1,700
Coventry Building Society 1884 Coventry, England, UK 49 2,700 89
Yorkshire Building Society

(also own Chelsea Building Society, Norwich and Peterborough Building Society, Accord Mortgages and Egg)

1864 Bradford, West Yorkshire, England 39.6 3,300 231
Skipton Building Society 1853 Skipton, England 17.5 1,772 98
Leeds Building Society 1875 Leeds, England 20.8 1,426 65

See also

References

  1. ^ "Banks & building societies lists - Bank of England". www.bankofengland.co.uk.
  2. ^ "Atom Bank: total assets 2019". Statista. Retrieved 2021-06-08.
  3. ^ "Atom Bank Annual Report 19-20" (PDF).
  4. ^ "RBS shares plunge on record loss". BBC News. 19 January 2009. Retrieved 8 May 2010.
  5. ^ "Starling Bank Assets 2019".
  6. ^ "Tandem Bank: total assets 2018". Statista. Retrieved 2021-06-08.
  7. ^ "The Cooperative Bank Annual Report for Year ended 2020" (PDF). 8 June 2021.
  8. ^ "Opening times - The Co-operative Bank. Find your branch". www.bank-opening-times.co.uk. Retrieved 2021-06-08.
  9. ^ "Lloyds TSB confirms deal to take over HBOS". 18 September 2008. Retrieved 18 September 2008.
  10. ^ "Recommended acquisition of HBOS plc by Lloyds TSB Group plc" (PDF). Lloyds TSB. 17 September 2008. Archived from the original (PDF) on 23 September 2008. Retrieved 18 September 2008.
  11. ^ BBC News: HBOS confirms Lloyds merger talks; Guardian: Banking crisis: Lloyds TSB in talks to buy HBOS
  12. ^ "Sneddon, Hutchison Burt, (17 April 1929–7 Nov. 2009), JP; Lord-Lieutenant of Lanarkshire, 1992–99; former Scottish Divisional Director, Nationwide Anglia Building Society (formerly Nationwide Building Society)", Who Was Who, Oxford University Press, 2007-12-01, retrieved 2021-06-08

External links


This page was last updated at 2021-06-24 20:59, update this pageView original page

All information on this site, including but not limited to text, pictures, etc., are reproduced on Wikipedia (wikipedia.org), following the . Creative Commons Attribution-ShareAlike License


Top

If the math, chemistry, physics and other formulas on this page are not displayed correctly, please useFirefox or Safari