Contact Form

Name

Email *

Message *

Cari Blog Ini

How Banks In The Uk Have Fared In Recent Years

How Banks in the UK Have Fared in Recent Years

A Look at the Performance of Banco Bilbao Vizcaya Argentaria, Banco Sabadell, and TSB Bank

Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell, and TSB Bank are three of the largest banks in the United Kingdom. In recent years, these banks have faced a number of challenges, including the global financial crisis, the COVID-19 pandemic, and Brexit.

Banco Bilbao Vizcaya Argentaria (BBVA)

BBVA is a Spanish multinational financial services group headquartered in Bilbao, Basque Country, Spain. It is one of the largest banks in the world by market capitalization and assets.

In the UK, BBVA operates through its subsidiary, BBVA UK. BBVA UK has been in the UK for over 100 years and has a strong presence in the country. In recent years, BBVA UK has faced a number of challenges, including the global financial crisis, the COVID-19 pandemic, and Brexit.

Despite these challenges, BBVA UK has remained profitable. In 2021, BBVA UK reported a profit of £1.1 billion. However, BBVA UK has also been reducing its workforce in recent years. In 2021, BBVA UK announced plans to cut 250 jobs.

Key Performance Indicators

  • Assets: £207.8 billion
  • Deposits: £148.7 billion
  • Loans: £126.5 billion
  • Profit: £1.1 billion

Banco Sabadell

Banco Sabadell is a Spanish multinational banking group headquartered in Sabadell, Catalonia, Spain. It is one of the largest banks in Spain and has a strong presence in the UK.

In recent years, Banco Sabadell has faced a number of challenges, including the global financial crisis, the COVID-19 pandemic, and Brexit.

Despite these challenges, Banco Sabadell has remained profitable. In 2021, Banco Sabadell reported a profit of €1.5 billion. However, Banco Sabadell has also been reducing its workforce in recent years. In 2021, Banco Sabadell announced plans to cut 1,900 jobs.

Key Performance Indicators

  • Assets: €268.5 billion
  • Deposits: €202.7 billion
  • Loans: €174.9 billion
  • Profit: €1.5 billion

TSB Bank

TSB Bank is a British retail bank headquartered in Edinburgh, Scotland. It is one of the largest banks in the UK and has a strong presence in the country.

In recent years, TSB Bank has faced a number of challenges, including the global financial crisis, the COVID-19 pandemic, and Brexit.

Despite these challenges, TSB Bank has remained profitable. In 2021, TSB Bank reported a profit of £198 million. However, TSB Bank has also been reducing its workforce in recent years. In 2021, TSB Bank announced plans to cut 400 jobs.

Key Performance Indicators

  • Assets: £85.3 billion
  • Deposits: £68.3 billion
  • Loans: £60.1 billion
  • Profit: £198 million

Conclusion

The UK banking sector has faced a number of challenges in recent years, including the global financial crisis, the COVID-19 pandemic, and Brexit. However, the three banks discussed in this article have all remained profitable. It is likely that these banks will continue to face challenges in the future, but they are well-positioned to weather the storm.


Comments