Santander UK provides several types of banking services such as commercial banking services, corporate banking services, and retail banking services. Across the United Kingdom, Santander UK has over branches, out of which 67 operate as corporate business outlets. Likewise, the bank operates several ATMs at strategic locations. Its clients also enjoy services such as mobile banking, telephone banking, and other state-of-the-art banking services.
Close Brothers is another one of the largest banks in the UK. The bank has its corporate headquarters in London since it was opened in Close Brothers Bank has three main banking divisions, which are property, commercial, and retail divisions. Within the three combined divisions, Close Brothers have employed more than 2, employees across all its branches.
The retail section of Close Brothers Bank is predominately concerned with providing financing for the financial activities of individuals, insurance companies, retailers , and car dealers. The commercial section works closely with several companies that are considered small and medium-sized enterprises.
On the other hand, the property section primarily works with property developers. This financial institution was established in with its head office operating out of London. At the moment, Schroders has a staff force of over 4, people.
Schroders has several international branches in locations such as Africa , Europe, Asia, and the Middle East. Schroders operates three distinct sections, which operate independently. These sections are wealth management, retail banking, and commercial banking.
Coventry Building Society is a banking institution and a building society institution. Coventry Building Society has over 2, employees all across the United Kingdom. Coventry Building Society offers its clients banking services for building services. In addition, it offers its clients savings products, mortgages, brokerage services, and other insurance-related services. NatWest Group was established in This bank has its head office in Edinburgh.
The bank provides thousands of people with direct and indirect jobs. It also provides banking services to thousands of people within London.
Within the UK, it has one of the largest total assets. Virgin Money has one of the largest total assets in the UK. As a banking institution, it provides a wide range of financial services to Londoners. These services include personal accounts, corporate accounts, auto insurance, retirement packages, and much more. The banking sector in the United Kingdom is regarded as the largest in Europe and it is considered to be the fourth largest in the world.
Banking in the UK is highly developed, with new entrants in the sector being driven by cutting-edge technology and innovation. It also considered being the largest financial center in the world for cross-border lending. Banks in the United Kingdom can be demonstrated by the fact that nearly the entire population of the UK has a debit card and about two-thirds of the population is said to have a credit card.
You are free to use this image on your website, templates etc, Please provide us with an attribution link How to Provide Attribution? There are different categories of banks in the UK. Each category of banks caters to varying needs, ranging from personal to business needs. Listed below are the four major categories of banks in the UK. The banks in the UK have gone through a major transition over the past decade. Currently, a major share of the banking sector is occupied by a few large banks.
This handful of banks have a monopoly on the supply of services to these enterprises. Let us now look at some of the history and current status of the topmost banks in the UK. In terms of total assets held, HSBC Holdings is deemed to be the seventh-largest bank in the world and the largest one in Europe. Although it was founded in Hong Kong in March , it currently has its headquarters in the financial capital of United Kingdom, London and is the largest bank in United Kingdom.
It has a wide range of services ranging from commercial banking, global banking, global private banking , retail banking, wealth management etc. It was founded in by acquiring HBOS. NBS is the largest mutual building society in the world.
Reliance Bank was established in and is owned by The Salvation Army. It provides current and savings accounts, credit cards, personal loans, internet banking, mortgages, insurance, and investment services. Schroders — One of the largest asset managers in Europe. Scotiabank in the UK provides a wide array of business, corporate and investment banking services as well as precious metals products and services through ScotiaMocatta.
Smile smile. It is UK's first full internet bank launched in It is the second largest residential mortgage lender and a top three savings brand in the UK. Shawbrook Bank — The lending and savings bank with a focus on poorly served customer segments.
It employs around 84, people and operates over 1, branches in nearly 70 countries. Standard Life — A leading long term savings and investments company. Tesco Bank — A telephone and internet bank owned by Tesco, the UK's largest supermarket and one of the world's largest retailers with operations in 14 countries. Virgin Money is a UK-based retail bank primarily focused on providing residential mortgages, savings and credit cards.
It is a trading division of Clydesdale Bank plc.
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