Top Banks in the UK

Top 10 Best Banks in the UK: There are approximately 350 banks in the UK, including 160 foreign deposit taking institutions. The four largest lenders of these entities account for nearly half (47%)of all bank assets! These giant financial companies offer services such as loans and deposits with competitive rates to individuals or businesses alike through their branch networks located throughout England’s population centers; however if you’re looking into opening an account then it might be best not go anywhere near them because they will only want your money – literally at first sight..

Top 10 Banks in the UK by total assets

Here is a list of the 10 largest banks in the United Kingdom ranked by assets in billions of British Pounds.

Rank	Bank	Total assets, £b (December 31, 2021)
1	HSBC Holdings	2,198.81
2	Barclays	1,384.30
3	Lloyds Banking Group	886.525
4	NatWest Group	781.992
5	Standard Chartered	615.366
6	Santander UK	287.098
7	Nationwide Building Society *	285.443
8	Virgin Money UK *	89.100
9	Investec *	53.454
10	The Co-operative Bank	29.323

* Data as of September 30, 2022.
Note: Virgin Money UK plc was formerly known as CYBG plc. The company’s brands are Clydesdale Bank, Yorkshire Bank, B and Virgin Money.

1- HSBC Holdings:

HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, United Kingdom. It is the world’s seventh largest bank by total assets and the largest in Europe with total assets of US$2.374 trillion (as of December 2016).

2- Barclays:

Barclays PLC is a British multinational banking and financial services company headquartered in London. It is a universal bank with global reach, offering products and services across personal, corporate and investment banking, credit cards and wealth management.

3- Royal Bank of Scotland:

The Royal Bank of Scotland Group plc (also known as RBS) is a Scottish multinational banking and insurance holding company headquartered in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance through its offices located in Europe, North America and Asia.

4- Lloyds Banking Group:

Lloyds Banking Group plc is a British financial institution that provides a wide range of banking and financial services. It is the largest provider of residential mortgages and savings accounts in the United Kingdom. The group also has significant interests in insurance, credit cards and asset management. The group operates a network of over 2,600 branches and 16 million customers throughout the UK.

These are just some examples of banks located in the United Kingdom. If you are looking for more information on banks in the UK, please consult a financial advisor or visit your local library.

Also Read- Virgin money credit card Review 2022

5- NatWest Group:

NatWest Group plc is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in personal, corporate and investment banking, as well as wealth management. The group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance through its offices located in the UK, Europe, North America and Asia.

6- Cooperative Bank:

The Cooperative Bank is a UK-based financial institution that offers personal and business banking, as well as loans, savings accounts and other financial products and services. The bank has a network of over 500 branches across the UK.

7- Standard Chartered:

Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in personal, corporate and investment banking, as well as treasury and risk management. The group operates a network of over 1,700 branches and offices in more than 70 countries and employs over 87,000 people.

8- Metro Bank:

Metro Bank PLC is a UK-based financial institution that offers personal and business banking products and services. The bank has a network of over 60 branches across the UK.

9- Cumberland Building Society:

The Cumberland Building Society is a UK-based financial institution that offers personal and business banking products and services. The society has a network of over 50 branches across the UK.

10-Aldermore:

Aldermore Group plc is a British banking and financial services company headquartered in London. It is a challenger bank that offers personal and business banking products and services. The group operates a network of over 80 branches across the UK.

These are just some examples of banks located in the United Kingdom. If you are looking for more information on banks in the UK, please consult a financial advisor or visit your local library.