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Which group of banks does sainsbury bank belong to please??
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can anyone tell me?? thanx.
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From Sainsbury's website:
Sainsbury's Bank plc is a joint venture with 50% of the share capital owned by the Bank of Scotland plc, a subsidiary of HBOS plc. Sainsbury's Bank plc, St Andrew's Life Assurance plc and St Andrew's Insurance plc are connected companies as the ultimate parent company of St Andrew's Life Assurance plc and St Andrew's Insurance plc also has shares in Sainsbury's Bank plc.
Sainsbury's Bank plc is a joint venture with 50% of the share capital owned by the Bank of Scotland plc, a subsidiary of HBOS plc. Sainsbury's Bank plc, St Andrew's Life Assurance plc and St Andrew's Insurance plc are connected companies as the ultimate parent company of St Andrew's Life Assurance plc and St Andrew's Insurance plc also has shares in Sainsbury's Bank plc.
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