Abbey started life as the Abbey Road and St John's Wood Permanent Building Society that was established in 1874. In
1944 following the mergers of Abbey Road Building Society and National Building Society the name was changed to the Abbey
National building Society.
In 1989 Abbey National Building Society became the first building society to float on the stock market and give up mutual
status. In September 2003 the name was shortened to "Abbey"
In 2004 Abbey shareholders agreed a take over and on the 12th November 2004 Abbey became a part of Grupo Santander.
In September 2008 after the Nationalisation of Bradford and Bingley Abbey took over the savings and branches. (Alliance
and Leicester is part of the same banking group)
The UK arm of Santander posted a profit of £991 million for the year ending 31/12/2008
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