And now the end is near……. - Banking - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

And now the end is near…….

And now the end is near…….

Category: Banking

Updated: 01/11/2010
First Published: 01/11/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The Alliance & Leicester brand is to disappear from the UK's high streets by the end of the year.

Having been taken over by Santander in 2008, the Spanish banking giant has confirmed that 300 Alliance & Leicester branches will be rebranded under the Santander umbrella by the end of the year.

It will complete a busy period of rebranding for Santander, with the Abbey and Bradford & Bingley savings businesses rebranded at the beginning of the year.

The rebranding will take the total number of Santander branches in the UK to more than 1,300.

Some 25 million people in the UK are customers of Santander.

It brings to an end 25 years of history for the Alliance & Leicester brand, which was established in 1985 as a result of a merger between Alliance Building Society and Leicester Building Society.

The first renaming of an Alliance & Leicester branch will take place in Leicester today.

"We are delighted to today unveil the first of our Alliance & Leicester branches to take on the Santander name," said Alison Brittain, executive director, retail distribution at Santander UK.

"We have transformed into one of the most successful banks in the country over the last five years and the re-naming of Alliance & Leicester to Santander will enable us to further build on this success."

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Close