Bank of Scotland
Bank based in Edinburgh
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April 16 2025 | The High Court approved the transfer of Sainsbury's Bank accounts to NatWest. |
June 2024 | NatWest agreed to acquire Sainsbury's Bank credit cards, loans, and savings accounts, excluding the bank's brand, cash machines, insurance, and travel money businesses. |
January 2024 | Sainsbury's announced its intention to phase out its banking division. |
2019 | Sainsbury's Bank withdrew from the mortgage market, focusing on other financial products such as travel money, insurance, credit cards, savings, and loans. |
2019 | Sainsbury's Bank reported a financial performance with an income of £323 million, customer deposits of £6.3 billion, and total assets of £9.4 billion for the 2019-20 financial year. |
January 31 2014 | Sainsbury's Bank became a wholly owned subsidiary of Sainsbury's after completing the transfer of ownership. |
May 8 2013 | Sainsbury's announced its intention to buy the 50% share in the business owned by Lloyds Banking Group. |
This contents of the box above is based on material from the Wikipedia article Sainsbury's Bank, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.