All about Uk Banks
Banks are an essential part of any economy; they help millions of people everyday make transaction and save money. Banks do everything from save money to hand out loans both to the everyday person, to the corporate businesses. Each bank in this article is rated due to their assets; a bank’s assets are shown according to how many transactions they do in a day’s time. Once you have read this article you will be able to determine what bank you would like to talk to about opening an account.
This is one of the oldest banks in the UK, it was established in 1872 and they offer both retail and commercial banking. If you’re looking for a personal banking account, this bank has almost any account that you can think of; they offer personal accounts, mortgages, loans, savings accounts and many others. They did have some financial trouble bank in 2013, but they managed to fix it and bring themselves back on the map. Based on their total assets they are ranked number 10 in the UK.
HBOS is a fairly new bank, they were founded in 2001. They are focused on personal banking. So if you’re looking for an account that is of personal nature then give this one a look. This bank is ranked number nine in the UK.
Nationwide is a financial institute that is located in Wiltshire and was founding in 1846. This bank is widely known for their home mortgage loans. They have over 700 branches in the UK, so you will have no problems doing your banking business no matter where in the UK you are. This bank is ranked number eight in the UK.
You might have heard of this bank by another name. They are also known as NatWest. They were found in 1968 and have over 1,600 branches throughout the UK. They offer all the major bank accounts for both commercial and retail clients. They are ranked number seven throughout the UK.
This bank has their headquarters in London and they were founded in 1969. They have over 1,700 branches throughout the UK and offer mainly personal accounts but they do offer some accounts to retail customers. You can also apply for credit cards through this bank and have fairly low interest rates. This bank is rated number six in the UK.
Bank of Scotland
This bank is one of the oldest banks in the UK they have been around since 1695. They are headquartered in Edinburgh. So unless you live in the Scotland area then you might want to consider a different bank. These guys are rated number five in the UK.
Lloyds bank was founded in 1995 and they can be found in London. They do both commercial and retail banking and have everything that you could possibly want from a bank. They have expanded in recent years and took over many smaller banks in the area. This bank is rated number four in the UK.
Royal Bank of Scotland
Again this bank has been around for over 200 years, they were found in 1727. They have over 700 branches located throughout the UK and offer great services with some of the lowest interest rates around. This bank is rated number three in the UK.
This bank was founded in 1960 and their main headquarters is located in London. They have banks in over 50 countries and offer a wide range of services. They offer loans and credit cards (and credit cards for bad credit) as well as personal and business banking. This bank is rated number two in the UK.
They were founded in 1865 and offer a plethora of services throughout the UK. They offer both commercial and retail banking. The reason that this bank is rated number one in the UK is because they do the highest amount of transactions in any given day.