Banks in The United Kingdom

While the United Kingdom has a very well-developed banking system with finance and related businesses making up a major part of the economy, there are relatively few banks in the UK. This is because the banking system in Britian has been highly-consolidated since the early 1900s.

Many other large economies and nations have a wide range of smaller, independent regional banks, but the UK has few.

While the United Kingdom has a very well-developed banking system with finance and related businesses making up a major part of the economy, there are relatively few banks in the UK. This is because the banking system in Britian has been highly-consolidated since the early 1900s.

Many other large economies and nations have a wide range of smaller, independent regional banks, but the UK has few.

In 2008 during the early stages of the financial crisis, Northern Rock was nationalized, as was Bradford & Bingley. Santander who owns Abbey acquired Alliance & Leicester, and Lloyds TSB PLC took over HBOS PLC.

• Abbey National
• Alliance & Leicester
• Bank of Ireland – United Kingdom
• Barclays Bank
• Birmingham Midshires Financial Services Limited
• Bradford & Bingley Building Society
• Capital Bank
• Cheltenham & Gloucester
• Citibank UK
• Clay Cross Building Society
• Co-operative Bank
• European Bank of Reconstruction and Development
• First Direct
• Flemings
• Grindlays
• Halifax
• Hamilton Direct Bank
• HSBC United Kingdom
• Lloyds TSB
• Lombard
• Market Harborough Building Society
• Midland Bank Plc (HSBC)
• Nationwide Building Society
• NatWest (National Westminster Bank)
• Northern Rock
• Sabanci Bank
• Scotia Bank International – Bank of Nova Scotia United Kingdom
• Secure Trust Bank BankNet (Online Bank)
• SG Hambros Bank & Trust (Société Générale Group)
• Staffordshire Building Society
• Standard Bank London
• Standard Chartered Bank
• Sun Bank
• Teachers’ Building Society
• The Loughborough Building Society
• Woolwich