
Bank of Scotland plc is a commercial and clearing bank, based in Edinburgh, Scotland. With a history dating to the 17th century, it is the oldest surviving bank in what is now the United Kingdom, and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was also the first bank in Europe to print its own banknotes, a function it still performs today. Since 10 September 2001 the Bank of Scotland has formed part of HBOS plc, following a merger with the Halifax Group (formerly the Halifax Building Society). The Bank owns a 50% stake in Sainsbury's Bank - the other 50% being owned by J Sainsbury plc.
On 17 September 2007, The Governor and Company of the Bank of Scotland became Bank of Scotland plc, as part of the HBOS Group Reorganisation Act 2006.
What's New
Interested in Learning More? Submit a Request for more information.