Top Banks in UK 2023 | Updated List of UK Top Banks
Tops Bank in UK 2023 | Updated List of UK Top Banks; The UK is one of the biggest and largest Economies in the world, it operates a decent banking system considered the best the banking system can offer.
The UK has some of the world’s top biggest banks in terms of assets, their banks are known to have large coverage or branches in many countries of the world
If you are looking for UK’s safest and most well-performing banks, then you are on the right page, we have ranked the best banks in the UK
About UK Banks
The UK has the largest banking system in the entire Europe, which is also the largest in the world, the capital base runs in trillions of dollars both in Assets and Shares
The Bank of England is the Apex bank in the UK, it is the oldest Central Bank on earth, it operates Fiscal policies that guide the UK economy, and formulate guiding principle for commercial banks
The UK has 350 functional banks including 160 foreign institutions, these banks have met all the re-capitalization policies of the banking sectors, across the UK
UK banks have sizable shares in UK and US Stocks markets and are performing above average
Note- our ranking of the 11 Tops Banks in the UK 2023 is based on banking Assets, Size of Employees, and Number of Bank Customers
Among the 11 top banks in the UK including Royal Bank of Scotland Group, Barclays, Standard Chartered, HSBC Holdings, and Lloyds Banking Group.
HSBC Holdings plc popularly called the Hongkong and Shanghai Banking Corporation Limited is a UK multinational universal bank and financial services
In terms of assets, HSBC is the largest and biggest in the European continent, and one of the largest on earth, with a net worth of US$2.953 trillion
HSBC has close to 40 million global customers, with branches in 63 countries, cutting across Europe, Asia, the Middle East, Africa, North America and Latin America.
Its services include Commercial Banking, Wealth and Personal Banking, and Global Banking & Market, it has shares in HSBC Holdings plc are held by around 182,000 shareholders in 128 countries and territories.
Barclay’s PLC was established in 169011, it has over 83,000 staff cutting g across 40 countries including Europe, Africa, Asia, and America
Its operating head office is located in London and renders services such as wholesale banking, investment banking, wealth management, investment management, and Retail banking, credit cards etc
The bank can boost 24 million customers all over the world
Lloyds Banking Group
Lloyds Banking Group was established in 16955, it is UK’s oldest bank with close to 62,000 staff and has the third biggest banking Assets in the UK
With its operational headquartered in London, its services including, Corporate, Investment, and commercial banking, Life and Non-Life Insurance banking, pension and investment services among others
Its subsidiaries include Halifax, Bank of Scotland, and Scottish Widows brands.
NatWest Group (Formerly Royal Bank of Scotland)
NatWest was formed in 16954 and has its head office in Edinburgh. It has 60,000 Workers and 19 Million customers worldwide and has the 5th largest banking Assets in the UK
It offers varieties of services including Personal and Business Banking, Ulster Bank RoI, Commercial Banking, Private Banking, RBS International,
NatWest brands include Williams & Glyn, Central Items, NatWest Markets, Capital Resolution etc
Standard Chartered PLC
Founded in 1893, Standard Chartered PLC offers services ranging from Corporate and Institutional Banking, Retail Banking, Commercial Banking, and Private Banking.
With over 82,000 staff and workers, the bank has 1,026 branches in the United Kingdom and 13 branches in the Isle of Man and the Channel Islands.
Its operating segments encompass retail Banking, Commercial Banking, and Global Corporate Banking
Santander Bank was established in 19887. Today it has close to 21,600 staff spread in all its branches, and 841 branches and 67 corporate business centers.
It official headquartered is in London and operates through ATMs, telephonic, mobile, Internet, and Santander online login is available digitally as well.
Nationwide Building Society
This bank has 2 segments including retail and commercial, with 13,000 workers and staff
It operates Current and savings accounts, ISA accounts9, residential mortgages, commercial real estate loans, project finance,
Its services include:
Personal And Car Loans,
Home Renovation Loans,
Insurance and investment products,
Loans To Housing Associations.
Financial Planning Services,
Current Account Overdrafts,
Discrete Banking Services.