Hubbry Logo
search
logo
1015096

Santander UK

logo
Community Hub0 Subscribers
Write something...
Be the first to start a discussion here.
Be the first to start a discussion here.
See all
Santander UK

Santander UK plc (UK: /ˌsæntənˈdɛər, -tæn-/, US: /ˌsɑːntɑːnˈdɛər/) is a British bank, wholly owned by Banco Santander, a Spanish bank. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.

Santander UK is one of the leading personal financial services companies in the United Kingdom, and one of the largest providers of mortgages and savings in the United Kingdom. As of May 2025, the bank has 18,000 employees and 14 million active customers, 64 corporate business centres.

The bank, with its head office in London's Regent's Place, was established on 11 January 2010, when Abbey National plc was combined with the savings business and branches of Bradford & Bingley plc, and renamed Santander UK plc. Alliance & Leicester plc merged into the renamed business in May 2010.

The bank has its origins in three constituent companies—Abbey National, Alliance & Leicester and Bradford & Bingley—all former mutual building societies.

Abbey National, trading as Abbey, had been bought by the Santander Group in July 2004 for £9 billion. Santander purchased Alliance & Leicester in the middle of September 2008, followed by the branches and savings business of Bradford & Bingley, which had been nationalised by HM Government during the 2008 financial crisis.

Abbey National and the savings business and branches of Bradford & Bingley were rebranded as Santander on 11 January 2010, and Abbey National plc was renamed Santander UK plc. Formula One driver Lewis Hamilton unveiled the first rebranded Santander branch that day in central London.

A further three hundred Abbey and Bradford & Bingley branches in London and south east England were rebranded that day, with branches in the rest of the United Kingdom following by the end of the month, by which time there were 1,045 Santander branches. Alliance & Leicester plc merged into the bank on 28 May 2010, and was rebranded by the end of the year.

The bank retained the London headquarters of Abbey National and renamed other regional buildings under its own name. The Abbey name was retained initially for Abbey International (now Santander Private Banking), and Abbey for Intermediaries (now Santander for Intermediaries), the division of the bank offering Abbey branded mortgages provided by Santander UK plc.

See all
User Avatar
No comments yet.