In the UK, we have over 1,300 branches and around 4,500 cash machines, offering a full range of retail and corporate banking services to over 25 million customers.
Retail services include mortgages and savings, bank accounts, loans and credit cards, long-term investments including pensions and unit trusts, life, critical illness and unemployment cover and household insurance. We also provide offshore banking for expatriates.
Our combined business is the third largest deposit taker and second largest mortgage lender in the UK, with five key business divisions – retail distribution, corporate and commercial banking, private banking, global banking & markets and intermediaries.
In September 2008, we acquired Bradford & Bingley’s savings and branch network and in October 2008, we acquired Alliance & Leicester. Both acquisitions were part of our growth strategy in the UK and will help us to achieve our goal - to become the best commercial bank in the UK.
On 11 January 2010 Abbey and the savings business of Bradford & Bingley will become known as Santander, followed later in the year by Alliance & Leicester. The move will deliver a significant advantage for customers as they will be able to use any of 1,000 Santander branches from early 2010, rising to over 1,300 by the end of 2010.