Wyelands Bank Plc was established in 1980 to provide companies access to trade and supply chain finance solutions. Wyelands Bank Plc offers savings products to individuals and SMEs as well as B2B financial solutions to companies. Wyelands Bank Plc is a member of Wyelands Holding. In March 2020, Wyelands Bank Plc decided on a solvent wind down of the balance sheet due to the bank's lending book deterioration.
In 2023, Wyelands Bank Plc achieved the position of 201st largest bank in the United Kingdom with a market share of 0.00%; its total assets dropped by 84.25%.
Additionally, the bank became the 159th profitable bank in relation to its total assets showcasing -167.49% return on assets and -616.22% return on equity in 2023.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Wyelands Bank Plc.
Wyelands Bank Plc was the 201st largest bank in the United Kingdom in terms of total assets. In 2023 its total assets were 889 000,00 GBP, providing the bank with the market share of 0.00%. In 2023 the bank's annual profit was -5,47 mln GBP.
Wyelands 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. Wyelands Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Wyelands Bank Plc was headquartered in London.
Wyelands Bank Plc has profiles at the following social networks:
Wyelands Bank Plc was authorized and supervised by the Financial Conduct Authority (reference number 139209).