Bradford & Bingley
| Bradford & Bingley | |
|---|---|
|
|
| Country |
 United Kingdom
|
| Seat | Bingley , Yorkshire |
| legal form | plc. |
| ISIN | GB0002228152 |
| BIC | BRABGB22XXX |
| founding | 1865 |
| Website | www.bradford-bingley.co.uk |
| Business data 2008 | |
| Total assets | £ 134.4 million |
| Customer credit | £ 41.8 billion |
| Employee | 942 (2008) |
| management | |
| Board | Richard Pym (Chairman) |
Bradford & Bingley , is a UK financial institution in the English legal form of a plc based in Bingley , Yorkshire . The company was nationalized on September 29, 2008 .
history
The company was formed when the Bradford & Bingley Building Society went public on December 4, 2000. Bradford & Bingley was previously owned by its customers as a housing association. Bradford & Bingley Building Society, on the other hand, was created in 1964 from a merger of the Bradford Equitable Building Society and the Bingley Permanent Building Society, both of which date back to 1851 in their company history.
Bradford & Bingley is currently one of the largest mortgage providers in the UK. It is also the fourth largest real estate provider in Great Britain and is divided into the two economic sectors of sales and lending.
Financial crisis
In the wake of the US financial crisis , the company was nationalized by the Treasury Department on September 28, 2008. By nationalizing the mortgage lender, Great Britain is taking on liabilities of £ 42.4 billion.
After nationalization, the 191 branches and 141 branches were sold to the Spanish Banco Santander for £ 612 million . The 2.7 million customers (with deposits of over £ 20 billion) are currently still served under the Bradford & Bingley branding . From 2010, in addition to the Bradford & Bingley branches, the Alliance & Leicester and Abbey National branches will appear under the Santander branding .
Sponsorship
Bradford & Bingley is a sponsor of Bradford City Football Club and Yorkshire County Cricket Club .
Web links
Individual evidence
- ↑ Entry in the BIC directory at SWIFT
- ↑ Annual report B&B
- ↑ Santander statement on the takeover ( memento of the original from February 14, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Rebranding A&L, B&B and Abbey to Santander
- ↑ BBC report on the rebranding
- ↑ Bradford City ( Memento of the original from October 11, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Yorkshire Country Cricket Club ( Memento of the original from December 5, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
