Clydesdale Bank plc (United Kingdom)

Address

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

BIC

CLYDGB21025

Overview

Business Focus

universal banking

Clydesdale Bank was established in 1838 in Glasgow and has a history of innovation and support for industry and communities. Clydesdale Bank is now one of the largest banks in Scotland providing retail, private and business banking products and services.

Performance

In 2022, Clydesdale Bank plc achieved the position of 16th largest bank in the United Kingdom with a market share of 0.98%; its total assets grew by 2.91%.

Additionally, the bank became the 66th profitable bank in relation to its total assets showcasing 0.57% return on assets and 8.72% return on equity in 2022.

Also the lender held the 19th position regarging its loans-to-deposits (L/D) registering 108.26% L/D ratio in 2022.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Clydesdale Bank plc.

Market Share (#16 in the United Kingdom)

Ratios

RoA

0.57%

RoE

8.72%

L/D

108.26%

Services

retail banking

private banking

business banking

Clients

individuals

companies

Area Served

United Kingdom

Products

current accounts

credit cards

savings accounts

time deposit accounts

ISA accounts

personal loans

car loans

mortgage loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

National Transfers

BACS Transfers

CHAPS Transfers

FasterPayments

Account Opening

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

Visit bank branch

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 (2023)

91,715.00 mln GBP (-0.11%)

Annual Profit (2023)

249.00 mln GBP (-52.12%)

Number of Employees (2019)

8,703 (+50.86%)

In 2023 total assets of Clydesdale Bank plc were 91 715,00 mln GBP. In 2023 the bank's annual profit was 249,00 mln GBP. Clydesdale Bank plc had 8 703 employees in 2019.

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: A1

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 A1 (upper medium grade).

Deposit Guarantee

Guarantee Fund

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 which 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.