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€