United Kingdom
The Group’s UK operation is carried on through its TSB franchise, which it acquired in June 2015 and includes a retail banking business that offers current and savings accounts, personal loans, credit cards and mortgages to the UK market through a multi-channel distribution format.
The year 2015 was a significant one for TSB: it achieved organic growth in customer numbers and the balance sheet in excess of its objectives, acquired over £3 million in mortgages and joined the Banco Sabadell group.
Excellent market perception of TSB’s business model.
Key figures in 2015
Contribution to the net interest income of the group in 6 months
540M€
Common Equity TIER 1
17.8%
Millions of customers
4.8
Net loans and receivables
35,970M€
Customer deposits
35,249M€