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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 United Kingdom . [2]
Following the merger, he served as deputy chairman of HBOS and Governor of the Bank of Scotland, (a largely ceremonial role) from 2001 to 2003, and left the board afterwards. By September 2008 HBOS was revealed to be in a poor financial condition and word broke of advanced merger talks with Lloyds TSB , the reports were later confirmed. [ 4 ]
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
Head office of the Bank of Scotland at The Mound, Edinburgh. On 17 September 2008, the BBC reported that HBOS was in takeover talks with Lloyds TSB, in response to a precipitous drop in HBOS's share price. [23] The talks concluded successfully that evening with a proposal to create a banking giant which would hold a third of UK mortgages. [24]
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 Bank of Scotland Head Office building is a large Baroque Revival building topped with a dome which sits at the top of The Mound. The original building was designed in the Palladian style by Richard Crichton and Robert Reid and erected 1801–6, later altered by David Bryce in 1863 and by Peddie and Kinnear in 1878. Because of its location ...
[7] When first opened in 2001, the International Financial Services District covered roughly one square kilometre between St Vincent Street and the River Clyde in Glasgow. It is credited as becoming "the catalyst for rengerating the Broomielaw and the west city centre area".
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 ...