Clydesdale Bank plc

 (2.6; 13 ratings)
2.6 13

Business Focus

universal banking

Clydesdale Bank was established in 1838 in Glasgow. Clydesdale Bank is now one of the largest banks in Scotland providing retail, private and corporate banking products and services.

Services

retail banking
private banking
business banking

Clients

individuals
companies

Area Served

GBUnited Kingdom

Products

current accounts
credit cards
savings accounts
time deposit accounts
ISA accounts
personal loans
car loans

International Transfers

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

See Also

Account Opening

Becoming a client of Clydesdale Bank plc can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements Clydesdale Bank plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Clydesdale Bank plc will ask him/her to provide the following documents: passport; proof of address. For corporate clients Clydesdale Bank plc will ask to provide corporate documentation as well as information about controlling persons. Clydesdale Bank plc may request additional documentation or information depending on the case. Clydesdale Bank plc performs client's identity verification via branch visit.

Ways to Bank

Clydesdale Bank plc delivers its products and services through both direct and indirect channels, namely:
branch
online banking
phone
mobile app

Financials

Total Assets of Clydesdale Bank plc
Annual_profit of Clydesdale Bank plc
Market Share of Clydesdale Bank plc
Total Assets (2019)
47,960.00 mln GBP  (+10.04%)
Annual Profit (2019)
-139,000,000.00 GBP  (-41.84%)

Clydesdale Bank plc is the 18th largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 47 960,00 mln GBP, providing the bank with the market share of 0.53%. In 2019 the bank's annual profit was -139,00 mln GBP.

Credit Ratings

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

Clydesdale Bank plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper 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

Clydesdale Bank plc 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. Clydesdale Bank plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

51 West George Street, G1 2HL, Glasgow, United Kingdom
44 01412487070

Clydesdale Bank plc is headquartered in Glasgow.

Social Networks

Clydesdale Bank plc has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
CLYDGB21025
LEI
NHXOBHMY8K53VRC7MZ54
Company Number
SC001111
MFI ID
GB0860

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
121873

Clydesdale Bank plc is authorized and supervised by the Financial Conduct Authority (reference number 121873).

Bank History

Start Date
April 1882

Similar Banks

ClearBank Limited Logo ClearBank Limited
clearing services
Close Brothers Limited Logo Close Brothers Limited
wealth management, securities trading
Coutts & Company Logo Coutts & Company
private banking, wealth management
Crown Agents Bank Ltd Logo Crown Agents Bank Ltd
commercial banking
Cynergy Bank LTD Logo Cynergy Bank LTD
private and business banking

Banking Products in the United Kingdom

See Also

Related Articles