Yorkshire Bank
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Yorkshire Bank is a British regional retail bank, mainly operating in Northern England. Since 1990 it has been part of the National Australia Bank group.
[edit] History
- 1859: Colonel Edward Akroyd establishes Yorkshire Bank (YB) in Halifax, West Yorkshire as a philanthropic organization aimed at providing a means of saving for the working classes. YB becomes known as Yorkshire Penny Bank.
- 1911: The major clearing banks carry out a financial reconstruction and establish a consortium.
- 1990: National Australia Bank Group acquires the bank from its owners. The vendors are National Westminster Bank (40%), Barclays Bank (32%), Lloyds Bank (20%), and Royal Bank of Scotland (8%).
- 2005: National Australia Bank announce their intention to merge Yorkshire Bank with their Scottish subsidiary, Clydesdale Bank.
