Division of Bank of Scotland (2003?2011)
Bank of Scotland International
|
Company type
| Subsidiary undertaking
|
---|
Industry
| Financial services
|
---|
Predecessor
| Bank of Scotland Offshore
Halifax International
|
---|
Founded
| 2003
; 21 years ago
(
2003
)
|
---|
Defunct
| 2011
; 13 years ago
(
2011
)
|
---|
Successor
| Lloyds TSB International
|
---|
Headquarters
| ,
|
---|
Parent
| HBOS
|
---|
Bank of Scotland International Limited
was the international banking division of
Bank of Scotland
. Established in 2003, it was headquartered in
Jersey
, and operated branches on the
Isle of Man
and
Hong Kong
, until merging with Lloyds TSB Offshore in 2011 as
Lloyds TSB International
brand.
The bank offered offshore banking facilities, with
Pound sterling
,
US dollar
and
euro
denominated accounts.
History
[
edit
]
In 1997,
Halifax Building Society
demutualised and, in 2001, it merged with the
Bank of Scotland
to form
HBOS
. In 2003, Bank of Scotland Offshore Limited, which had been incorporated in the Isle of Man in 1998, was merged with Halifax International Limited, which had been incorporated in Jersey in 1990.
In 2011, following the acquisition of HBOS by Lloyds TSB Group (subsequently renamed
Lloyds Banking Group
), customer accounts were migrated to Lloyds TSB Offshore,
[1]
which became
Lloyds Bank International
in 2013.
Other operations
[
edit
]
In 1975, Bank of Scotland opened its first overseas office in
Houston
,
Texas
. Branches followed in other U.S. states,
Moscow
, Hong Kong and Singapore. Inroads were subsequently made into Australasia, with the 1987 purchase of
Countrywide Bank
in New Zealand (sold to the
National Bank of New Zealand
in 1998) and that of the
Bank of Western Australia
in 1995 (sold to the
Commonwealth Bank
in 2008).
[2]
Bank of Scotland (Ireland) Limited
was formed in 2000; it was re-branded as Halifax in 2006 and, in 2010, the Irish operation was wound-down.
[3]
In 2013, the Dutch branch of Bank of Scotland, which had been established in 1999, transitioned to the
Lloyds Bank
brand, while a German branch, established in 2008, continues to trade as Bank of Scotland.
[4]
See also
[
edit
]
References
[
edit
]
External links
[
edit
]
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Retail
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Commercial
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Consumer
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Insurance
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- Lloyds Bank General Insurance (underwriter)
- Lloyds Bank Insurance Services (intermediary)
- Scottish Widows
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Former
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Legislation
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Other
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