Secure Trust Bank Pre-Close Trading Update
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List of PRA-Regulated Banks
LIST OF BANKS AS COMPILED BY THE BANK OF ENGLAND AS AT 2nd December 2019 (Amendments to the List of Banks since 31st October 2019 can be found below) Banks incorporated in the United Kingdom ABC International Bank Plc DB UK Bank Limited Access Bank UK Limited, The ADIB (UK) Ltd EFG Private Bank Limited Ahli United Bank (UK) PLC Europe Arab Bank plc AIB Group (UK) Plc Al Rayan Bank PLC FBN Bank (UK) Ltd Aldermore Bank Plc FCE Bank Plc Alliance Trust Savings Limited FCMB Bank (UK) Limited Allica Bank Ltd Alpha Bank London Limited Gatehouse Bank Plc Arbuthnot Latham & Co Limited Ghana International Bank Plc Atom Bank PLC Goldman Sachs International Bank Axis Bank UK Limited Guaranty Trust Bank (UK) Limited Gulf International Bank (UK) Limited Bank and Clients PLC Bank Leumi (UK) plc Habib Bank Zurich Plc Bank Mandiri (Europe) Limited Hampden & Co Plc Bank Of Baroda (UK) Limited Hampshire Trust Bank Plc Bank of Beirut (UK) Ltd Handelsbanken PLC Bank of Ceylon (UK) Ltd Havin Bank Ltd Bank of China (UK) Ltd HBL Bank UK Limited Bank of Ireland (UK) Plc HSBC Bank Plc Bank of London and The Middle East plc HSBC Private Bank (UK) Limited Bank of New York Mellon (International) Limited, The HSBC Trust Company (UK) Ltd Bank of Scotland plc HSBC UK Bank Plc Bank of the Philippine Islands (Europe) PLC Bank Saderat Plc ICBC (London) plc Bank Sepah International Plc ICBC Standard Bank Plc Barclays Bank Plc ICICI Bank UK Plc Barclays Bank UK PLC Investec Bank PLC BFC Bank Limited Itau BBA International PLC Bira Bank Limited BMCE Bank International plc J.P. -
Money Best Buys Data Supplied By
60 1GM Saturday November 5 2016 | the times Money best buys Data supplied by Savings Mortgages Personal loans Easy access (without introductory bonus) First-time buyer mortgages Fixed monthly repayment on £10,000 for 5 years Provider Contact Account Min AER Redmptn (without insurance) Provider Contact Initial Period Max Fee Charge ICICI Bank UK via branch SuperSaver Savings £1 1.15% Rate LTV Until Provider Contact APR month repaid RCI Bank UK*** rcibank.co.uk Freedom Savings £100 1.00% Tipton & Coseley BS 0800 833 853 2.94% (D) to 31.12.18 95% Nil To 31.12.18 Ikano Bank 0344 856 5743 3.1% £179.94 £10,796.40 NS&I nsandi.com Income Bonds £500 1.00% Yorkshire BS 0345 120 0874 3.69% (F) to 31.1.19 95% Nil To 31.1.19 Sainsbury's Bank 0800 169 8503 3.1% £179.94 £10,796.40 Kent Reliance 0345 122 0022 Easy Access Issue 16 £1,000 1.00% Furness BS 0800 220568 3.50% (F) 2 yrs 95% Nil 1st 2 yrs AA 0345 241 1308 3.2% £180.37 £10,822.20 Principality BS principality.co.uk e-SAVER Issue 15 £1 0.90% Tipton & Coseley BS 0800 833 853 2.84% (D) to 31.12.19 95% Nil To 31.12.19 Admiral 0808 2237 485 3.2% £180.37 £10,822.20 Long-term fixed rates Furness BS 0800 220568 3.98% (F) 5 yrs 95% Nil 1st 5 yrs Minimum income restrictions may apply. APR may be dependent on credit rating. -
Best Buys Data Supplied By
54 1G M Saturday April 14 2018 | the times Money Best buys Data supplied by Savings Mortgages Personal loans Easy access (without introductory bonus) First-time buyer mortgages Fixed monthly repayment on £10,000 for 5 years Provider Contact Account Min AER Redmptn (without insurance) Provider Contact Initial Period Max Fee Charge Rep Amount per Total RCI Bank UK A rcibank.co.uk Freedom Savings £100 1.30% Rate LTV Until Provider Contact APR month repaid Shawbrook Bank shawbrook.co.uk Easy Access - Issue 11 £1,000 1.25% Monmouthshire BS 0845 888 8000 2.99% D for 2 years 95% £150 1st 2 yrs M&S Bank 0800 363400 2.8% £178.64 £10,718.40 Ford Money fordmoney.co.uk Flexible Saver £1 1.22% West Brom BS 0800 298 0008 3.39% F to 31.5.20 95% - To 31.5.20 Sainsbury's Bank 0800 169 8503 2.8% £178.64 £10,718.40 Kent Reliance kentreliance.co.uk Easy Access - Issue 25 £1,000 1.21% Melton Mowbray BS 01664 414141 2.79% D for 3 years 95% - 1st 3 yrs Yorkshire Bank 0800 707 6471 2.8% £178.64 £10,718.40 Virgin Money virginmoney.com Double Take E-Saver 5 £1 1.20% Yorkshire Bank 0800 202122 3.59% F to 30.6.21 95% - 1st 3 yrs John Lewis FS 0345 266 1380 2.9% £179.07 £10,744.20 Long-term fixed rates Yorkshire Bank 0800 202122 3.89% F to 30.6.23 95% - 1st 5 yrs Borrowing rates and availability of products are subject to individual credit ratings. -
The Following List Details All Banks and Building Societies Who Have Permission to Accept
APPENDIX APPENDIX 1 – INSTITUTIONS INCLUDED IN THE UNITED KINGDOM BANKING SECTOR The following list details all banks and building societies who have permission to accept deposits in the UK. The list is broken down by nationality of the insitutions and is updated on the day of the Bankstats publication. This list relates to those Bankstats tables where nationality breakdowns are provided. Until 31st March 2013 this list was sourced from information provided by the Financial Services Authority (FSA), who previously published an alternative list, showing banks by type. From 1st April 2013 the list is provided by the Prudential Regulation Authority. To access this list, please follow the link provided within related links on the right hand side of this page. A H O Adam & Company plc Hampden & Co Plc OakNorth Bank Limited Airdrie Savings Hanley Economic Building Bank Society OneSavings Bank Plc Alliance Trust Harpenden Building Savings Ltd Society P Arbuthnot Latham Hinckley & Rugby & Co Ltd Building Society Paragon Bank Plc Holmesdale Building Aldermore Bank plc Society Penrithe Building Society Al Rayan Bank plc HSBC Bank plc Principality Building Society Atom Bank plc HSBC Bank USA NA Progressive Building Society HSBC Private Bank (UK) B Ltd R Bank and Clients HSBC Trust Company Rathbone Investment Ltd (UK) Ltd Management Ltd Bank of Scotland plc Hampshire Trust Bank plc Reliance Bank Ltd Barclays Bank plc Harrods Bank Ltd T Barclays Bank Trust The Hongkong & Shanghai Company Ltd Banking Corporation Ltd Tandem Bank Limited Bath Investment -
List of Banking Brands – June 2021
LIST OF BANKING AND SAVINGS BRANDS PROTECTED BY THE SAME FSCS COVERAGE COMPILED BY THE BANK OF ENGLAND AS AT 11 JUNE 2021 Please note this list is not updated on a continuous basis. It is also possible that separate firms (with different Firm Reference Numbers) are part of a group of companies that use similar brand names (i.e, a simplified common version of the firms’ legal names). If you have multiple deposits across a group of firms using similar brand names, you should check with the firms whether the £85k deposit protection limit is shared. Banking and Savings Brand PRA-authorised institution FRN Other deposit brands covered by FSCS coverage 114724 The Royal Bank of Scotland Plc 114724 RBS 114724 Adam & Company Adam & Company The Royal Bank of Scotland Plc 114724 Drummonds 114724 Child & Co 114724 Holt's 114724 The One account/Virgin One account/Nat West One account 671140 Advanced Payment Solutions Limited Advanced Payment Solutions Limited Advanced Payment Solutions Limited 671140 Cashplus 671140 Cashplus Bank 122088 AIB (NI) 122088 Allied Irish Bank (GB) AIB Group (UK) Plc AIB Group (UK) Plc 122088 Allied Irish Bank (GB) Savings Direct 122088 First Trust Bank 143336 Arbuthnot Latham & Co Limited Arbuthnot Latham & Co Limited Arbuthnot Latham & Co Limited 143336 Arbuthnot Direct 121873 Clydesdale Bank Plc 121873 B B Clydesdale Bank Plc 121873 Virgin Money 121873 Yorkshire Bank 136261 Banco Santander S.A. Banco Santander S.A. Banco Santander S.A. 136261 Santander Corporate & Investment Banking 204459 Bank and Clients PLC Bank and -
Are You Getting Ready to Crawl out of Your Shell?
The Sunday Times April 29, 2018 17 MONEY Best Buys CURRENT ACCOUNTS FOREIGN MORTGAGES MONEY CREDIT INTEREST CURRENCY 2-YEAR FIXED RATES Provider Account name Account fee Interest rate 1 Balance Contact Lender Rate Scheme Deposit Fee Notes Contact MADE EASY These are the interbank TSB Classic Plus None 3% + £10 a month 2 £1-£1,500 0345 975 8758 Monmouthshire 1.34% Fixed for 2 years 35% £999 HR 0163 384 4351 INHERITANCE TAX rates at 5pm on Friday, Halifax Reward None £3 a month £1+ 0345 720 3040 which show where the HSBC 1.54% Fixed to 31.8.20 20% £999 LV 0800 494 999 Thousands of families Nationwide FlexDirect None 5% 3 £0.01-£2,500 0800 302 010 market is trading. Nationwide 1.89% Fixed for 2 years 10% £999 GLV 0800 302 010 have missed out on an They are not indicative inheritance tax break OVERDRAFTS * 3-YEAR FIXED RATES of the rate you will be intended to help people Provider Account name Account fee Interest rate 4 0% overdraft limit Contact able to get. Lender Rate Scheme Deposit Fee Notes Contact who pass on a family First Direct 1st Account £10 a month 5 15.9% £250 0800 242 424 HSBC 1.69% Fixed to 31.5.21 25% £999 LV 0800 494 999 home to their heirs, M&S Bank M&S Current Account None 15.9% £100 0345 900 0900 EURO Coventry 1.85% Fixed to 30.6.21 15% £999 LV 0800 121 8899 according to analysis by Post Office Money Standard Account None 14.9% £0 0345 266 8977 GBP>EUR Virgin Money 2.18% Fixed to 1.7.21 10% £995 LV 0345 605 0500 the insurer NFU Mutual. -
Market Intelligence
4th edition | july 2017 market intelligence A new year and a new economic beginning. Were you letting off introduction fireworks on 31st January or shedding a tear? Whatever your views, democracy seemed to be the real winner. Certainly our clients, who are a vibrant mix of international entities, seem happier and more confident given the closure and short term certainty this has provided. Yes, the transition period will be a difficult ride but recruitment wise the start of the year has begun in an encouraging manner. We have noticed 3 “hotspots” of activity, Credit Risk, Commercial Real Estate Finance and Trade & Commodity Finance respectively. As reported last quarter, the main concentration remains in the £50-80k basic salary level, so typically your Associate, Manager and AD levels. Turning to this quarters hot topic a big thank you as always for all your views and responses. We had a far higher number of responses than usual, apologies we can only publish a snapshot. In short summary while Mental Health issues are very real it appears that the Financial Services sector needs to do far more. Enjoy the piste – if you are heading to snowy peaks, and let’s hook up again at Easter (post bonus season)… when I’ll be wondering again… were you letting off fireworks or shedding a tear? These questions reflect our most common enquiries and quarterly survey so this regular feature is a chance to measure and share current market sentiment. Q1 Looking at the next quarter only, what Q2 ...and what is your outlook for the next is your personal outlook -
Banks Must Not Bear All the Risk for Fraud
The Sunday Times April 21, 2019 15 12 MONEY 14 PUZZLES HAVE MOVED NEWS, PAGE 30 Best Buys CURRENT ACCOUNTS FOREIGN MORTGAGES CREDIT INTEREST CURRENCY 2-YEAR FIXED RATES Provider Account name Account fee Interest rate 1 Balance Contact Lender Rate Scheme Deposit Fee Notes Contact These are the interbank Co-operative Bank Current with Everyday Rewards None £4 a month – 0345 721 2212 Santander 1.54% Fixed to 2.07.21 25% £999 LV 0800 100 802 rates at 5pm on Friday, TSB Classic Plus None 5% £1-£1,500 0345 975 8758 which show where the Post Office 1.81% Fixed to 30.06.21 15% £495 LV 0800 077 8033 Nationwide FlexDirect None 5% 2 £0.01-£2,500 0800 302 010 market is trading. Yorkshire BS 1.84% Fixed to 30.06.21 10% £995 BV 0345 166 9510 They are not indicative OVERDRAFTS * 3-YEAR FIXED RATES of the rate you will be Provider Account name Account fee Interest rate 3 0% overdraft limit Contact able to get. Lender Rate Scheme Deposit Fee Notes Contact First Direct 1st Account £10 a month 4 15.9% £250 0800 242 424 Barclays 1.63% Fixed to 31.07.22 40% £999 LV 0333 202 7580 M&S Bank Current Account None 15.9% £100 0345 900 0900 EURO Yorkshire BS 1.89% Fixed to 30.06.22 15% £995 V 0345 166 9510 Starling Current Account None 15% £0 starlingbank.com GBP>EUR Barclays 2.09% Fixed to 31.07.22 10% £999 LV 0333 202 7580 FUND FOCUS 1 Based on funding of £1,000 a month. -
Developing a Vision for Financial Inclusion
Developing a vision for financial inclusion Elaine Kempson and Sharon Collard Further information This report is available as a pdf from Friends Provident Foundation, Pixham End, Dorking, Surrey, RH4 1QA ([email protected] and www.friendsprovidentfoundation.org). Published in 2012 by Friends Provident Foundation Pixham End Dorking Surrey RH4 1QA © University of Bristol, 2012 ISBN 978-1-906249-99-1 (pdf) All rights reserved. Reproduction of this report by photocopying or electronic means for non-commercial purposes is permitted. Otherwise, no part of this report may be reproduced, adapted, stored in a retrieval system or transmitted by any means, electronic, mechanical, photocopying, or otherwise without the prior written permission of Friends Provident Foundation. Friends Provident Foundation Friends Provident Foundation is a grant-making charity working to create the conditions throughout the UK for improved access to appropriate financial services for those who are currently excluded, particularly those on low incomes or otherwise vulnerable to market failure. It particularly wants to encourage thinking that deals with the causes of the problem. Established as part of the demutualisation of Friends Provident Life Office in 2001 and the flotation of Friends Provident plc, it is independent and has its own board of Trustees. www.friendsprovidentfoundation.org About the authors This report was prepared by Elaine Kempson and Sharon Collard at the Personal Finance Research Centre (PFRC), an independent social research centre based at the University of Bristol. PFRC undertakes rigorous empirical studies across a range of personal finance issues. Elaine is an Emeritus Professor at the University of Bristol. She is an internationally respected figure on consumer financial issues, with over 30 years' experience of conducting research and contributing to policy development on various aspects of personal financial services. -
List of Banking and Savings Brands Protected by The
LIST OF BANKING AND SAVINGS BRANDS PROTECTED BY THE SAME FSCS COVERAGE COMPILED BY THE BANK OF ENGLAND AS AT 20 MARCH 2020 Banking and Savings Brand PRA-authorised institution FRN Other deposit brands covered by FSCS coverage 512956 AA Savings* 512956 Post Office Money AA Savings* Bank of Ireland (UK) Plc 512956 Bank of Ireland (UK) Plc 512956 Bank of Ireland (UK) 114724 The Royal Bank of Scotland Plc 114724 Adam & Company plc 114724 Drummonds Adam & Company The Royal Bank of Scotland Plc 114724 Child & Co 114724 Holts 114724 The One account/Virgin One account/Nat West One account 122088 AIB (NI) 122088 Allied Irish Bank (GB) AIB Group (UK) Plc AIB Group (UK) Plc 122088 Allied Irish Bank (GB) Savings Direct 122088 First Trust Bank 229148 Al Rayan Bank PLC Al Rayan Bank PLC Al Rayan Bank PLC 229148 Islamic Bank of Britain 229148 Islamic House of Britain 116115 Alliance Trust Savings Limited Alliance Trust Savings Limited Alliance Trust Savings Limited 116115 Stocktrade 143336 Arbuthnot Latham & Co Limited Arbuthnot Latham & Co Limited Arbuthnot Latham & Co Limited 143336 Arbuthnot Direct 121873 Clydesdale Bank Plc 121873 B B Clydesdale Bank Plc 121873 Virgin Money 121873 Yorkshire Bank 204459 Bank and Clients PLC 204459 B & C Bank and Clients PLC Bank and Clients PLC 204459 B and C 204459 B&C Bank 512956 AA Savings* 512956 Post Office Money Bank of Ireland (UK) Plc Bank of Ireland (UK) Plc 512956 Bank of Ireland (UK) Plc 512956 Bank of Ireland (UK) Note: Not all banking and savings brands protected by the FSCS are included in this table – only those which share FSCS depositor protection coverage with other brands. -
How Challenger Banks Can Finally Live up to Their Name: Pursue a Multi-Niche SME Strategy
EXECUTIVE INSIGHTS VOLUME XVII, ISSUE 11 How Challenger Banks Can Finally Live up to Their Name: Pursue a Multi-Niche SME Strategy The Environment for Challenger Banks is HSBC, Lloyds, Barclays and RBS control 77% of the U.K. personal Good and Improving current account market and 85% of small and medium sized enterprise (SME) business current accounts. It has always been difficult for small banks to compete with the U.K.’s largest players. In the past numerous upstarts – often A new generation of challengers, however, have recently entered called “challenger banks” – have failed to move the needle in the market. This is a diverse group with a variety of strategies and either retail or corporate banking. They have tended to stall at business models: some are narrowly focused niche players; others early stages because they were not able to offer customers a want to serve a broad range of corporate and retail customers compelling alternative. Now, according to the Financial Times, (see Figure 1). More are on their way. According to the Financial Figure 1 Positioning Matrix – Retail and SME Banking Not Exhaustive Broad Cooperative Bank Barclays Clydesdale Bank RBS Recent Lloyds Banking Group Entrants Tesco Bank HSBC Virgin Money TSB Metro Bank Santander Product specialists “Waterfront” approach Customer Segment Aldermore Specialisation Shawbrook Handelsbanken Secure Trust Bank Nationwide One Savings Bank Close Brothers Multi-niche players Customer-focused “main banks” Focused Focused Product Breadth Broad How Challenger Banks Can Finally Live up to Their Name: Pursue a Multi-Niche SME Strategy was written by Diogo Silva and Peter Ward, partners in L.E.K. -
Secure Trust Bank FY17 Results
Secure Trust Bank FY17 results Asset growth set to flow through to earnings Financial services 12 April 2018 FY17 was a further year of change for Secure Trust Bank (STB) as management completed the shift away from unsecured consumer loans Price 1,887.5p and reduced the risk profile in motor finance. This restricted near-term Market cap £349m profits but the pace of loan book growth has remained strong and looks set to feed into substantial earnings growth as the cost of risk subsides, Net debt/cash (£m) N/M more than offsetting the lower returns earned on lower risk lending. The Shares in issue 18.5m shares have begun to respond to this prospect following the results, but the valuation suggests further upside. Free float 81% Code STB Revenue PBT* EPS* DPS P/E Yield Primary exchange LSE Year end (£m) (£m) (p) (p) (x) (%) Secondary exchange N/A 12/17 129.5 27.0 116.4 79.0 16.2 4.2 12/18e 160.5 37.0 160.7 83.0 11.7 4.4 Share price performance 12/19e 181.4 47.0 202.5 90.0 9.3 4.8 12/20e 204.7 55.1 234.4 100.0 8.1 5.3 Note: *PBT and EPS are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Estimates remain on an IAS 39 basis prior to first IFRS 9 report for H118. 2017 figures are on a continuing basis. FY17 results STB reported loan book growth of 27% to £1.6bn (ex-discontinued) with the largest increases being in real estate and retail point-of-sale lending.