Clydesdale Bank photograph

Clydesdale Bank

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Customer service00 44 141 951 7320
Parent organizations CYBG plc
HeadquartersGlasgow
United Kingdom
Ceo David Duffy
Revenue1. 004 billion GBP (2015)
Subsidiaries Yorkshire Bank
Date of Reg.
Date of Upd.
ID808552
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About Clydesdale Bank


Clydesdale Bank plc is a commercial bank in Scotland. Formed in Glasgow in 1838, it is the smallest of the three Scottish banks. Independent until it was purchased by Midland Bank in 1920, it formed part of the National Australia Bank Group between 1987 and 2016.

Average two-year mortgage rate close to 6%

Average two-year mortgage rate close to 6%
Jun 16,2023 7:41 am

... First-time buyers hitOther lenders to make changes in the past 24 hours include Clydesdale Bank, which pulled a number of deals...

Nationwide latest lender to raise mortgage rates again

Nationwide latest lender to raise mortgage rates again
Jun 15,2023 12:51 pm

... Another lender, Clydesdale Bank, said it was withdrawing deals via brokers later on Thursday owing to high demand...

Stone blocks collapse onto road from bank building in Thurso

Stone blocks collapse onto road from bank building in Thurso
May 1,2023 9:31 am

... Police Scotland said officers were called to the former Clydesdale Bank building on Traill Street at about 03:35...

King Charles: New coins featuring monarch's portrait unveiled

King Charles: New coins featuring monarch's portrait unveiled
Oct 2,2022 12:00 am

... In addition to these Bank of England banknotes, paper £20 and £50 notes issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland will also be withdrawn on the same date...

Just 100 days left to spend paper £20 and £50 notes

Just 100 days left to spend paper £20 and £50 notes
Jun 23,2022 4:10 am

... Paper £20 and £50 notes issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland will also be withdrawn on the same date...

Key Post Office deal agreed for future of cash

Key Post Office deal agreed for future of cash
Jan 31,2022 2:38 pm

... When the last Post Office banking agreement was signed in 2019, Barclays caused controversy by refusing to join - The 30 signatories to the new agreement are: Barclays, HSBC, Santander, NatWest, RBS, TSB, Halifax, Adam & Co, Allied Irish Bank, AIB, Bank of Ireland, Bank of Scotland, Cahoot, Cashplus Bank, Coutts, Co-op, Danske, First Direct, Handelsbanken, Metro, Nationwide, Smile, Starling Bank, Thinkmoney, Ulster, Virgin Money, Yorkshire Bank, Clydesdale Bank, CAF Bank and credit union Incuto...

Bank of mum and dad 'one of UK's biggest mortgage lenders'

Bank of mum and dad 'one of UK's biggest mortgage lenders'
Feb 16,2020 5:40 am

... Clydesdale Bank, the UK s 10th largest mortgage lender lent £5bn last year...

Which banks do customers love or hate?

Which banks do customers love or hate?
Feb 16,2020 3:04 am

... Clydesdale Bank was bottom on the ranking of overdraft services...

Bank of mum and dad 'one of UK's biggest mortgage lenders'

Feb 16,2020 3:04 am

Parents spend so much money to get their children onto the housing ladder that they are now among the biggest lenders in the UK, a survey suggests.

The average parental contribution for homebuyers this year is £24,100, up by More Than £6,000 compared to Last year, according to Legal & General (L& G).

Collectively parents have given £6. 3bn, high enough to rank The Bank of mum and dad 10th if it was a mortgage lender.

Clydesdale Bank , the UK's 10th largest mortgage lender Lent £5bn Last year.

L& G said thousands of UK buyers were reliant on their parents to either get onto the housing ladder in the First Place , or upgrade to a larger home.

Almost a fifth of those who said they had, or would help A Family member buy a home, said it was because they felt it was their personal responsibility to help out.

But the Financial Services firm warned that parents' generosity could hurt their standard of living in retirement.

UK's biggest mortgage lenders in 2018

1. Lloyds Banking Group £42. 5bn

2. Nationwide £35. 7bn

3. Royal Bank of Scotland £30. 5bn

4. Santander Uk £28. 3bn

5. Barclays £23. 1bn

6. Hsbc Bank £21. 5bn

7. Coventry Building Society £9. 2bn

8. Yorkshire Building Society £8. 7bn

9. Virgin Money £6. 8bn

10. Clydesdale Bank £5bn

*Data from

L& G's research, based on a poll of 1,600 parents, found More Than half were using cash to help their children, but others were withdrawing money from their pensions or said they would consider using equity release from their homes.

Despite this, it found that More Than a quarter of those surveyed were not confident they had enough money to Last through their retirement.

Meanwhile, 15% said they had already accepted a lower standard of living due to helping out their children.

Chris Knight , chief executive of L& G's Retail Retirement division, said retirees had "a vast range of considerations" to take into account when deciding whether to help out, including "setting aside funds for any future care needs they may have".

"Many are using their pensions and savings to help out and unfortunately this could be leaving some facing a poorer retirement," he said.



personal finance, housing market, companies, banking

Source of news: bbc.com

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