Founded in 1809, Northern Bank was one of the oldest banks in Ireland. Northern Bank provides retail, private and business banking products and services in Northern Ireland. Since 2012, Northern Bank operates as a subsidiary of Danske Bank A/S.
In 2022, Northern Bank Ltd achieved the position of 40th largest bank in the United Kingdom with a market share of 0.14%; its total assets grew by 2.25%.
Additionally, the bank became the 51st profitable bank in relation to its total assets showcasing 0.78% return on assets and 13.04% return on equity in 2022.
Also the lender held the 97th position regarging its loans-to-deposits (L/D) registering 56.41% L/D ratio in 2022.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Northern Bank Ltd.
Northern Bank Ltd ranks as the 40th largest bank in the United Kingdom by total assets. In 2022 its total assets were 13,420.39 mln GBP, representing a 0.14% market share. In 2022 the bank's annual profit was 103.41 mln GBP.
Northern Bank Ltd protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.
Northern Bank Ltd is a member of Danske Bank (Denmark).
Northern Bank Ltd is headquartered in Belfast.
Northern Bank Ltd has profiles at the following social networks:
Northern Bank Ltd is authorized and supervised by the Financial Conduct Authority (reference number 122261).