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Tesco Personal Finance plc, trading as Tesco Bank, is a British retail bank which was formed in July 1997 (as Tesco Personal Finance).The bank was formed as part of a 50:50 joint venture between The Royal Bank of Scotland and Tesco, the largest supermarket in the United Kingdom, employing 2,800 people.
Higgins was a keen footballer and played for Glasgow Celtic, captaining the youth team in the late 1970s. [3] In 2017, he took on an unpaid role as chairman of the National Galleries of Scotland, [3] and the following year accepted a similar position at Sistema Scotland, a children's orchestra charity (succeeding Richard Holloway).
In the United Kingdom Tesco offers financial services through Tesco Bank, formerly a 50:50 joint venture with The Royal Bank of Scotland. Products on offer include credit cards, loans, mortgages, savings accounts, and several types of insurance, including car, home, life, and travel.
In 2007, the Group agreed to outsource its information systems to Xansa (now Sopra Steria).In 2008, Co-operative Financial Services was Business in the Community's Company of the Year, having been recognised at their Awards for Excellence gala dinner for making sustainable development a top priority in how it operates and in the products and services offered to its customers.
Additionally, the bank's stake in Tesco Bank was bought by Tesco for £950 million in 2008. [27] [28] On 13 October 2008, in a move aimed at recapitalising the bank, it was announced that the British Government would take a stake of up to 58% in the Group.
Tesco Bank; TSB Bank; Former banks. Airdrie Savings Bank; British Linen Bank; City of Glasgow Bank; Commercial Bank of Scotland; Douglas, Heron & Company; Glasgow and ...
Tesco Clubcard (commonly referred to and branded as Clubcard) is the loyalty card of British supermarket chain Tesco. It was introduced to Tesco customers in 1995, where it has since gained over 20 million users as of 2021. [1] The card works on a point-based system, where holders receive points based on money spent.
Tesco Bank, which was acquired by Barclays on 1 November 2024 from Tesco. [18] Harrods Bank, which was acquired by Tandem Money Limited on 11 January 2018. [19]