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Abbey National plc

Abbey National plc

Abbey National House
2 Triton Square, Regent's Place
London
United Kingdom
www.abbeynational.com


No. employees: 23,000
Turnover: 2,605.88 (US$m)
Financial year end: December

Company Overview

Abbey National plc (Abbey National) is one of the largest banking and financial service providers in the UK. The company together with its subsidiaries offers commercial banking services. Its business operations are organized into six divisions namely Retail Banking, Global Banking & Markets, Corporate Banking, Private Banking, Group Infrastructure and Sold Life Businesses. The company has more than 1,300 branches, 40 regional sites and eight main offices that are primarily located in the UK. Abbey National is a wholly owned subsidiary of Banco Santander, S.A. (Santander). Santander is Spain’s one of the largest financial group. Abbey National is headquartered in London, the UK.

The company reported revenues of (Euro) EUR 1,772 million during the fiscal year ended 2008 compared to EUR 1,499 million in 2007 increased by £273m from 2007. The operating profit of the company was EUR 3,004 million during the fiscal year 2008, as against an operating income of EUR 2,782 million during 2007. The net profit of the company was EUR 819 million during the fiscal year 2008, as against a net profit of EUR 685 million during 2007.

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