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The Bank of Scotland plc (Scottish Gaelic: Banca na h-Alba) is a commercial and clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group.The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the Kingdom of Scotland. [2]
UK banking brands owned by foreign banks. Allied Irish Bank (GB) and First Trust Bank, owned by AIB Group of the Republic of Ireland. Al Rayan Bank, owned by Masraf Al Rayan of Qatar. Axis Bank UK, owned by Axis Bank of India. Bank of Ceylon (UK), owned by Bank of Ceylon of Sri Lanka.
Airdrie Savings Bank. British Linen Bank. City of Glasgow Bank. Commercial Bank of Scotland. Douglas, Heron & Company. Glasgow and Ship Bank. Leith Banking Company. National Bank of Scotland. National Commercial Bank of Scotland.
Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. It is named after the town of Halifax, West Yorkshire, where it was founded as a building society in 1853.
The Bank of Scotland, the oldest bank operating in the country, was the first bank in Europe to successfully print its own banknotes in 1695. [1] The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009 , which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
The Royal Bank of Scotland plc (Scottish Gaelic: Banca Rìoghail na h-Alba) [2] is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are ...
The founding Act granted the bank a monopoly on public banking in Scotland for 21 years, permitted the bank's directors to raise a nominal capital of £1,200,000 Pound Scots (£100,000 Pound Sterling), gave the Proprietors (shareholders) limited liability, and in the final clause (repealed only in 1920) made all foreign-born Proprietors ...