Alliance & Leicester, Abbey and B & B to disappear from the High Street
Alliance & Leicester, Abbey and B & B to disappear from the High Street
Brands bank Abbey, Bradford & Bingley and Alliance & Leicester will disappear UK High Street since the beginning of next year. The Spanish group Santander parent be the withdrawal of these brands the main street, within a change national mark.
Since the first quarter of 2010 all 1,000 branches of Bradford & Bingley and href = "http://www.peekoo.co.uk/bank-accounts" target = "_blank" title = "PeeKoo bank accounts"> renamed Abbey Santander, the end of the year Alliance & Leicester 300 branches have completed their change of name by the end of the year.
Thank you for the work done to integrate IT at the same time a customer of the Abbey, Bradford & Bingley savings and Alliance & Leicester will be able to transact in a noticed the 1,300 branches.
Santander said the move will provide "significant benefit" for its 25 million customers, because they have access to hundreds of other branches early next year, and a global banking network in 40 countries.
Banking analysts have warned that some brands offer better value mortgage and bank accounts "savings> Accounts and feared they can be removed from the rebranding of the company.
Kevin Robinson, Chief peekoo.co.uk, said: "Customers of these marks must be aware that there might be some casualties in the process of rebranding and keep informed on how it will affect them. Currently three brands are currently offering a range of different products to specific customer needs and advantages. The three brands offered individual products excellent value for money although that was disputed some of the major clearing banks. "
According PeeKoo.co.uk, one of best buying accounts is the Alliance and Leicester giving an interest rate of 4.89%, including an introductory bonus on balances up to £ 2,500. Alliance and Leicester current account offers are not available to existing customers Abbey current account in 2008 after making Santander control of the Alliance and Leicester.
In January of this year of the merger of HBOS and Lloyds TSB reduced the choice of streets and removal of Santander to operate under a single brand is expected to reduce the choices even further.
Antonio Horta-Osorio, chief executive of banking group stressed that customers lose. He said: "We will continue to offer better value products than our competitors and we remain committed to maintaining our branch network and the teams that operate them,
"Our conservative approach and focus on core banking enabled us to acquire A & L and B & B business savings in 2008, despite the unprecedented market turbulence. Since then, we applied the same principles to both improve our products and services we offer and the performance of each commercial bank. "
For more information on banking products visit www.peekoo.co.uk
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