History of Sainsbury bank Essay Example For Students

History of Sainsbury bank Essay Sainsburys Bank opened for business on 19 February 1997. A joint venture between J Sainsbury plc and Bank of Scotland, Sainsburys Bank was the first Supermarket Bank in the UK. This ground-breaking venture has attracted over 1.25 million customers with deposits in excess 1.6 billion and advances, including undrawn commitments, of 1.5 billion. Regardless of whether you are looking for an outstanding return on your savings or competitive rates on a mortgage or personal loan, Sainsburys Bank has always offered some of the most attractive rates around. Sainsburys Bank continues to lead the field in the research and delivery of new products to meet the needs of our customers. Our current product range includes:Instant Access Savings Account, Direct Saver Account, Fixed and Step Rate Bonds, Direct ISA, Personal Loans, Sainsburys Bank Drive, VISA credit card, Options Mortgage, Fixed, Variable and Discounted Mortgages, Buy-to-Let Mortgage, Home and Contents Insurance, Travel Insurance and Pe t Insurance. Mortgages; buy to let mortgages; personal loans, Drive scheme, Visa credit cards, home and contents insurance, Pet insurance and Travel insurance. To contact Sainsburys Bank about the products listed above please click here. In the near future we will be delivering more new products, all designed with the aim of offering value to our customers. Bibliography: