Sainsbury's Bank plc

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4.0 2
Business Focus
retail banking

Sainsbury’s Bank was incorporated in 1997, making Sainsbury’s the first major British supermarket to open a bank. Sainsbury’s Bank offers a range retail banking products including travel money, insurances, credit cards, savings and loans; these products are provided through multiple channels, including in-store, by telephone and online.

Services

retail banking

Clients

individuals

Area Served

GBUnited Kingdom

Products

savings accounts
time deposit accounts
ISA accounts
credit cards
personal loans
travel money
travel insurance

Ways to Bank

Sainsbury's Bank plc delivers its products and services through both direct and indirect channels, namely:
online banking
retail store
mobile app

Financials

Total Assets of Sainsbury's Bank plc
Annual_profit of Sainsbury's Bank plc
Market Share of Sainsbury's Bank plc
Total Assets (2018)
7,765.00 mln GBP  (+34.02%)
Annual Profit (2018)
19.00 mln GBP

Sainsbury's Bank plc is the 43rd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 7 765,00 mln GBP, providing the bank with the market share of 0.09%. In 2018 the bank's annual profit was 19,00 mln GBP.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

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

Contacts

Teviot House, 41 South Gyle Street, EH12 9DR, Edinburgh, United Kingdom

Sainsbury's Bank plc is headquartered in Edinburgh.

Bank Identifiers

BIC (SWIFT)
SANBGB2LXXX
LEI
213800VDIFGJM2DF1R46
Company Number
03279730
MFI ID
GB2230

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
184514

Sainsbury's Bank plc is authorized and supervised by the Financial Conduct Authority (reference number 184514).

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Banking Products in the United Kingdom

See Also

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