Yorkshire Bank.

Yorkshire Bank Financial Results Year Ended 30th September 2011.

National Australia Bank Group, owner of Clydesdale and Yorkshire Banks has released the results for its UK Banking banking division consisting of Yorkshire and Clydesdale. Underlying profits were up 4% to £533 million in the year. £7.5 billion of new lending in the year was achieved meaning they delivered their two-year new lending commitment of £10 billion three months ahead of schedule.

Yorkshire Bank Profile and Details

Yorkshire Bank is a trading name of Clydesdale Bank plc which in turn is owned by the National Australia Bank Group. Head Office Clydesdale Bank PLC 30 Vincent Place Glasgow G1 2HL Yorkshire Bank is covered by the fscs under Clydesdale Bank PLC. Yorkshire Bank was  founded back in 1859 by Colonel Edward Akroyd  as the West Riding Penny Savings Bank. In 1959 the name was changed to Yorkshire Bank. In 1990 the bank was sold for one billion to National Australia Bank. Financials Clydesdale Bank announced a profit for the year ending 30/09/2009 of £34 million. The average loan to value of the mortgage book was 64%. Clydesdale Bank announced a profit for the year ending 30/09/2008 of £247 million. The average loan to value of the mortgage book was 63%.

Yorkshire Bank Product Range

Yorkshire Bank offers a range of personal banking, private banking and business banking products. For consumers the savings accounts including instant access savings accounts, ISAs, child savings bonds, fixed term deposit savings accounts and notice savings accounts. Yorkshire Bank also offers credit cards, current accounts, loans, mortgages, insurance including car insurance, travel insurance, Engage Mutual Over 50 Life Insurance, home insurance and financial planning.