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Yorkshire Bank, St Sepulchre Gate, Frenchgate Shopping Centre, Doncaster, Yorkshire, England, UK, DN1 1SJ

Yorkshire Bank, St Sepulchre Gate, Frenchgate Shopping Centre, Doncaster, Yorkshire, England, UK, DN1 1SJ Stock Photo
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Image details

Contributor:

Tony Smith / Alamy Stock Photo

Image ID:

P8KF01

File size:

57.1 MB (1.8 MB Compressed download)

Releases:

Model - no | Property - noDo I need a release?

Dimensions:

5472 x 3648 px | 46.3 x 30.9 cm | 18.2 x 12.2 inches | 300dpi

Date taken:

3 July 2018

Location:

19 St Sepulchre Gate, Doncaster, Yorkshire,England, UK, DN1 1SJ

More information:

Yorkshire Bank is a bank operating in England as a trading division of Clydesdale Bank plc and is ultimately owned by CYBG plc. It mostly operates in the North of England, especially in Yorkshire. In 2006 underlying profit rose 16.7 per cent to £454 million compared with a year earlier, while post-tax earnings climbed 12.8 per cent to £229 million. Total income was up 8.7 per cent at £1,193 million, while net interest income climbed 14.6 per cent to £769 million The bank was established on 1 May 1859 by Colonel Edward Akroyd of Halifax. Based in Leeds in the West Riding of Yorkshire it was known as the West Riding Penny Savings Bank. It had originally been planned as a provident society but the status of savings bank was eventually chosen. In its centenary year of 1959, the bank's name changed to Yorkshire Bank Limited. During the 1970s the bank became one of the first to offer fee free banking whilst in credit, a move that took bigger rivals a decade to follow. In 1982, it adopted public limited company status. During the Miners' Strike from 1984 to 1985, the bank offered miners who were mortgage holders a deferment, allowing them to postpone payments for the duration of the dispute. The strike took place in the bank's heartland and many miners were customers, having been encouraged by the National Coal Board to have their pay mandated to a bank account. In 1990, the National Australia Bank Group acquired the bank from the consortium of owning banks which, after mergers and acquisitions, were the National Westminster Bank, (holders of 40%), Barclays Bank (32%), Lloyds Bank (20%), and Royal Bank of Scotland (8%). The price paid was £1 billion and the bank joined National Australia Bank's other European businesses, Clydesdale Bank (Scotland) and Northern Bank (which operated in both jurisdictions in Ireland). In May 2005, the National Australia Bank announced its intention to merge the Yorkshire Bank with the Clydesdale under one operating licence.

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