Abbey National Treasury Services plc

Abbey National was a British bank and former building society. which was acquired by Santander Group in November 2004 and was renamed to Santander UK. However, Santander UK retained the name Abbey National Treasury Services for the division responsible for managing its liquidity, risk management and wholesale banking.

Financials

Total Assets (2017)
80 089.00 mln GBP  (-10.82%)
Annual Profit (2017)
132.00 mln GBP  (-27.47%)

Abbey National Treasury Services plc is the 13th largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 80 089,00 mln GBP, providing the bank with the market share of 0.91%. In 2017 the bank's annual profit was 132,00 mln GBP.

Abbey National Treasury Services 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 Aa3 (high grade).

Abbey National Treasury Services plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Member of Group

 Santander (Spain)

Contacts

201 Grafton Gate East, NW1 3AN, Milton Keynes, United Kingdom
44 08706076000
www.santandergbm.com

Abbey National Treasury Services plc is headquartered in Milton Keynes.

Bank Identifiers

BIC (SWIFT)
ANTSGB2LXXX
MFI ID
GB0020
Company Number
02338548
Start Date
January 1989

Financial Positions

Total Assets (2017)
80 089.00 mln GBP  (-10.82%)

In 2017 total assets of Abbey National Treasury Services plc were 80 089.00 mln GBP. Decline compared to the previous period (2016) was -10.82%. The evolution of the total assets of Abbey National Treasury Services plc is shown at Chart 1 below.

Total Assets of Abbey National Treasury Services plc.

Chart 1. Total Assets of Abbey National Treasury Services plc.

Profit and Loss

Annual Profit (2017)
132.00 mln GBP  (-27.47%)

In 2017 annual profit of Abbey National Treasury Services plc was 132.00 mln GBP. Decline compared to the previous period (2016) was -27.47%. The evolution of the annual profit of Abbey National Treasury Services plc is shown at Chart 2 below.

Annual Profit of Abbey National Treasury Services plc.

Chart 2. Annual Profit of Abbey National Treasury Services plc.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
13th (market share 0.91%)

In 2017 Abbey National Treasury Services plc was ranked the 13th largest bank in the United Kingdom in terms of total assets, having 0.91% of the domestic market share.

Market share of Abbey National Treasury Services plc (among banks in the United Kingdom)

Chart 3. Market share of Abbey National Treasury Services plc (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to Abbey National Treasury Services plc are shown below.

RankNameTotal AssetsMarket Share
12 Credit Suisse International249440.00 mln USD2.09%
13 Abbey National Treasury Services plc80089.00 mln GBP0.91%
14 BARCLAYS CAPITAL SECURITIES LIMITED (new)54530.73 mln GBP0.62%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A (high credit quality) Aa3 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Abbey National Treasury Services plc is rated by Fitch and Moody's.

Credit ratings assigned to Abbey National Treasury Services plc as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Abbey National Treasury Services plc it is set to A (high credit quality), outlook is positive (may be raised). The rating is not on watch. Short-term issuer default rating for Abbey National Treasury Services plc is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A
    Outlook  positive
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for Abbey National Treasury Services plc is not set support rating is not assigned; support rating floor is not set.

Moody's

Long-term rating for Abbey National Treasury Services plc it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Baseline credit assessment is not set. Short-term rating is not assigned.

Long-Term Rating  Aa3
Long-Term Bank Deposit Rating  Aa3
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Abbey National Treasury Services plc is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of Abbey National Treasury Services plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Abbey National Treasury Services plc and its components are shown in the table below.

BIC  ANTSGB2LXXX
Bank BIC Code  ANTS
Country Code  GB (United Kingdom)
Location Code  2L
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Abbey National Treasury Services plc is shown in the table below.

MFI ID  GB0020

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  02338548

Defunct Banks: 1 bank in 1 country

The following banks operating under Abbey National Treasury Services brand name has been recently closed down:

Cayman Islands

Banking Products in the United Kingdom