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TSB Bank plc is a British retail and commercial bank based in Edinburgh, Scotland.It has been a subsidiary of Sabadell Group since 2015.. As of 2022, TSB Bank operates a network of 220 branches. [1]
However 40% of branches closed between 2012 and 2022 . [8] Four British retail banks have never had a physical branch presence. The retail and commercial banking markets are dominated by five big banks: HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK , who operate more than one banking brand in the UK.
In July 2012 however, it was announced that the TSB brand would be resurrected by Lloyds Banking Group for the 632 branches it would divest as a separate business. [5] The new TSB Bank began operations in September 2013 and was divested via an initial public offering in 2014, with the remainder of the business reverting to the Lloyds Bank name.
TSB says it will close 36 branches across the UK as more customers switch to online banking.
Bank holidays in Scotland are determined under the Banking and Financial Dealings Act 1971 and the St Andrew's Day Bank Holiday (Scotland) Act 2007.Unlike the rest of the United Kingdom, most bank holidays are not recognised as statutory public holidays in Scotland, as most public holidays are determined by local authorities across Scotland.
TSB Bank Ltd (originally known as the Taranaki Savings Bank) trading as TSB, is a New Zealand bank with its headquarters in New Plymouth. It has 25 branches across the country but is heavily focused on the Taranaki region where 12 of its branches are located. As of June 2022, it was the seventh largest bank in New Zealand, with a market share ...
Cheltenham & Gloucester, savings and branch network now TSB Bank; mortgage and loans books part of Lloyds Bank; Northern Rock, savings and branch network now Virgin Money; mortgage and loans books nationalised by HM Government; The Woolwich, now part of Barclays Bank; See Building Society for list of current building societies.
The first Glasgow Savings Bank was formed in 1815 but, like the Edinburgh Savings Bank, it became largely moribund and was replaced by a new institution. [1] Since 1817, England and Wales savings banks had been allowed to invest with the National Debt Commissioners on beneficial terms and the Savings Bank Act 1835 extended this right to Scotland.