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Abbey


Abbey National is planning to expand its bank branch network from 700 to 1,000 by 2012, and is particularly interested in the Midlands and North East.
10-Dec-2007


Abbey National has sold part of its James Hay pensions administration business to a management buy-out for undisclosed terms.
12-Jul-2006


Abbey is to expand its premium banking call centre in Belfast, with the creation of 180 jobs by the end of the year.
20-Jun-2006


Abbey is planning to expand its chain of 714 bank branches with between 60 and 100 new sites, and some branches are likely to be relocated.
15-May-2006


Abbey is to spend £8.5m rebranding its 726 branches to include the logo of its Spanish owner Santander Central Hispano, and also plans to increase the number of sales staff in branches by 30%.
28-Feb-2005


Abbey National is to be acquired by Santander Central Hispano, the Spanish bank, for £8bn.
27-Jul-2004


Abbey National is to sell its asset finance and leasing businesses to ING Lease UK, which will involve the transfer of about 243 staff.
18-Jun-2004


Abbey National is planning to close its Scottish Provident life insurance office in Edinburgh, and some of the 900 staff will relocate to Glasgow.
14-Jan-2004


Abbey National has sold Royal Saint Georges, its French mortgage business with 66 staff, to General Electric for £39m.
22-Dec-2003


Abbey National is to sell its mortgage operation in Italy to Unicredito for £46m, and is also in negotiations to sell a similar business in France.
18-Sep-2003


Abbey National is to invest £5.5m in the expansion of its customer enquiries call centre in Belfast over the next two years, with the creation of about 150 jobs.
13-Aug-2003


Abbey National is to relocate its Cater Allen private banking office from Romford to Sheffield and Bradford next spring, which will involve the creation or transfer of up to 215 new jobs.
11-Jul-2003


Abbey National has sold most of its First National consumer credit business to GE Consumer Finance of the US for £848m.
05-Feb-2003


Abbey National is to create 40 new jobs at its banking call centre in Gateshead, in order to improve customer service levels.
29-Oct-2002


Abbey National is expanding its Inscape wealth management service into the offshore market by opening an advice centre in Jersey, and additional centres are likely to follow in Guernsey, the Isle of Man and Hong Kong.
17-Jun-2002


Abbey National is to invest £25m a year in improvements to its current account services, with the creation of 500 new jobs in Sheffield, Bradford and Manchester.
09-Jan-2002


Abbey National is to create 600 new jobs over the next 18 months in order to expand its small business banking division, including 500 branch-based managers and 50 sales staff for the First National leasing operation.
10-Dec-2001


Abbey National has set up four new companies to manage its branch networks in Belfast, Cardiff, Newcastle and Ealing, in an extension of its franchising experiment that will give more control to local bank managers.
24-Sep-2001


Abbey National is creating 15 new jobs in Chelmsford, as the town has been chosen as one of nine locations nationwide to act as an advice centre for its new Inscape investment management service.
27-Jun-2001


Abbey National is to acquire Fleming Premier Banking from JP Morgan Chase for £106m, and the business will be integrated with Cater Allen.
15-May-2001


Abbey National has bought International Equipment Management, the Dutch aircraft leasing company, from ING for £26m.
04-May-2001


Abbey National is to sell its credit card division to MBNA for £289m, but the cards will continue to carry the Abbey National logo and the bank will receive a commission for every account opened.
20-Mar-2001


Abbey National is to relocate a customer service centre from Milton Keynes to Bradford, where it will create about 200 jobs.
18-Jan-2001


Abbey National is investing £55m in the launch of its new Inscape wealth management business, and expects to expand the operation into continental Europe.
15-Nov-2000


Abbey National and Bank of Scotland are in preliminary merger discussions that could lead to the creation of a £22bn banking group.
03-Nov-2000


Abbey National is planning to expand its business banking service, in response to the Competition Commission's investigation into the domination of the market by the big four high street banks.
26-Jul-2000


Abbey National is planning to spend £200m on e-commerce over the next year, and has also announced the development of an internet bank called Cahoot.
18-Feb-2000


Abbey National has awarded a £3m contract to David McLean to install cash machines at about 250 Shell petrol stations.
03-Feb-2000


Abbey National is to expand its call centre in Belfast with the creation of 236 jobs.
30-Mar-1999


Abbey National is to recruit an extra 80 staff at its mortgage call centre at Teesdale, Thornaby, because administration of its bonus postal account is being transferred from Belfast.
22-Jan-1999


Abbey National is to create 200 insurance jobs by expanding its operations at the Brunswick Business Park in Liverpool.
14-Jan-1999


Abbey National has bought the retirement planning division of Rea Brothers for an initial £0.5m.
05-Nov-1998


First National Vehicle Holdings, the Abbey National subsidiary, is acquiring Fleet Management Services, the fleet car hire company, for undisclosed terms.
21-Jul-1998


Abbey National has announced the sale of its Spanish operations to Caja de Ahorros del Mediterraneo for about £120m, due to recurring losses.
23-Apr-1998


Abbey National is to set up a £5.8m telephone service and software development centre in Belfast, with £3.3m of government aid, creating 438 jobs.
05-Nov-1997


Abbey National is to open a call centre in Glasgow in November, creating 170 jobs.
05-Aug-1997