Harrods Bank was a banking division of Harrods Department Store. Harrods Bank offered a broad range of banking, savings and lending products to individuals and business clients. On 10 January 2018, Tandem completed its acquisition of Harrods Bank Limited with the latter immediately renamed as Tandem Bank Limited. Tandem Bank is a new, online-only, mobile-focused bank with no branches (although with call centres). Tandem Bank provides retail banking products including current accounts, credit cards, savings, and loans.
United KingdomTandem Bank Limited is the 128th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 493,68 mln GBP, providing the bank with the market share of 0.01%. In 2018 the bank's annual profit was -13,72 mln GBP.
Tandem Bank Limited participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.
Tandem Bank Limited is headquartered in London.
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