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As of 2022, Nationwide ranked as the second largest provider of household savings and mortgages in the UK, holding a 10.3% market share in current accounts. [ 1 ] : 15 For the financial year 2021/2022, Nationwide had assets of around £272.4 billion [ 1 ] : 57 compared to £483 billion for the entire building society sector, [ 5 ] making it ...
Nationwide Building Society said the £200 offer was available to people using the Current Account Switch Service (Cass) and transferring a minimum of two active direct debits to the new account.
Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money ), followed by Bradford & Bingley ; Alliance & Leicester was acquired by Santander , who merged it ...
Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money brand was founded by Richard Branson in March 1995.
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Nationwide offers 5% AER too, but this is for a maximum of £1,500. There’s 1% cashback on purchases with a set limit, but to get both of these features you need to pay in at least £1,000 each ...
Nationwide International's assets were in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man. Nationwide International confirmed in a statement issued on 22 September 2016 that it would be closing in mid-2017 and on 13 February 2017 ...
At the start of 2008, there were 59 building societies in the UK, with total assets exceeding £360 billion. [10] The number of societies in the UK fell by four during 2008 due to a series of mergers brought about, to a large extent, by the consequences of the financial crisis of 2007–2008. There were three further mergers in each of 2009 and ...