Clydesdale Bank

Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) is a trading name used by Clydesdale Bank plc for its retail banking operations in Scotland.

Clydesdale Bank
Company typeTrading name
IndustryBanking, Financial services
Founded2 March 1838 (1838-03-02)
May 1838 (official opening)
Headquarters,
Scotland
Key people
James Pettigrew (Chairman)
David Duffy (Chief Executive Officer)
ServicesRetail banking
SME banking
RevenueSee Parent company
See Parent company
Net income
See Parent company
Total assetsSee Parent company
Number of employees
See Parent company
ParentClydesdale Bank plc
Websitewww.cbonline.co.uk

In June 2018, it was announced that Clydesdale Bank plc's holding company, CYBG, would acquire Virgin Money for £1.7 billion in an all-stock deal, and that Clydesdale Bank plc's Clydesdale Bank, Yorkshire Bank and B brands would be phased out in favour of Virgin Money's brand, including the renaming of parent company CYBG plc to Virgin Money UK plc. Clydesdale Bank, along with Virgin Money and Yorkshire Bank (B's rebrand to Virgin Money was completed in 2019), currently operate as trading divisions of Clydesdale Bank plc under its banking licence.

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