Virgin Money a member of Virgin Group which provides a range of financial products including current and savings accounts, investments, mortgages, payment cards, insurance and pensions. On 21 October 2019, the business of Virgin Money plc was transferred to Clydesdale Bank PLC.
In 2020, Virgin Money Plc achieved the position of 207th largest bank in the United Kingdom with a market share of 0.00%; its total assets dropped by 92.14%.
Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Virgin Money Plc.
Virgin Money Plc was the 207th largest bank in the United Kingdom in terms of total assets. In 2020 its total assets were 10,00 mln GBP, providing the bank with the market share of 0.00%. In 2020 the bank's annual profit was 0,00 GBP. Virgin Money Plc had 0 employees in 2020.
Virgin Money Plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).
Virgin Money 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. Virgin Money Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Virgin Money Plc was headquartered in Newcastle-Upon-Tyne.
Virgin Money Plc has profiles at the following social networks:
Virgin Money Plc was authorized and supervised by the Financial Conduct Authority (reference number 503963).