Abbey Bank Essay Example | Topics and Well Written Essays - 4500 words

Abbey Bank - Essay Example Abbey is one of the UK’s leading personal financial services company. It offers a full range of personal financial services including mortgages and savings, bank accounts, loans and credit cards, long term investments policies, critical illness and unemployment cover, and household finance. The company operates in the UK, Europe, and the US. It is headquartered in London, UK and employs about 25,000 people. Abbey is one of the leading providers of mortgages, savings, protection and self- invested personal pensions in the United Kingdom and is one among the largest bank in UK.The Group's principal activity is the provision of major financial services and residential mortgage lending. The Group's financial services includes Banking and Savings which provides residential mortgages, savings and banking & consumer credit; Investment Protection consists of three principal segments: protection, investment and savings & pensions; General Insurance includes non-life insurance products and residential home insurance; Treasury Services was structured into three business areas: Asset and Liability Management, Financial Products and Short Term Markets; Group Infrastructure comprises Central Services, Financial Holdings and the results of certain small non-core businesses and Portfolio Business Unit which includes Wholesale Banking (Roy, 2005).