Canara Bank

 (4.7; 6 ratings)
4.7 6

Business Focus

retail and corporate banking

Canara Bank was founded in Mangalore (India). In 1969 Canara Bank was nationalized by the Indian government. In India Canara Bank operates as a universal bank offering retail, private, corporate and investment banking as well as asset management solutions. In 1983, Canara Bank opened ist office in London. Canara Bank (London) offers current accounts, term deposits, remittances and corporate banking services. In January 2020, Canada Bank was merged with Syndicate Bank.

Services

retail banking
business banking

Clients

individuals
companies

Area Served

GBUnited Kingdom

Products

current accounts
time deposit accounts

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
FasterPayments

See Also

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Canara Bank is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade).

Deposit Guarantee

Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Protected Amount
up to 85,000 GBP
Eligible Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Canara Bank participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Canara Bank is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

10 Chiswell Street, EC1Y 4SR, London, United Kingdom
174
44 02076282187
44 02076282187

Canara Bank is headquartered in London.

Bank Identifiers

BIC (SWIFT)
CNRBGB2L
Company Number
BR000783
MFI ID
GB0730

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
204642

Canara Bank is authorized and supervised by the Financial Conduct Authority (reference number 204642).

Bank History

Start Date
December 1983

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