+372 880 41 85 - Tallinn

+1 (888) 647 05 40 Toll Free office@eternitylaw.com EN RU

UK bank for sale

Bank in UK for sale

UK bank for sale

The Bank is a UK credit Institution authorised by the PRA and regulated by the FCA and PRA. The Bank is a principal member of MasterCard, Visa and the LINK network. Currently, active units consist of Payment Services, Customer Lending and central divisions. The Payment Services unit is being wound down.

The Lending activity is through on partner in a variety of retail markets including sport season ticket loans, student support loans, medical loans and similar markets. The banking divisions main activity is to offer savings and deposits to the retail market.

NAV = >£40m

Valuation = multiple of NAV

All open to offers subject to:

• business case for offer,

• who are individuals involved and are they known to FCA/PRA?

• Will they get through change of control process?

Will not release any further info or engage in discussions until the above is confirmed.

FINANCIALS (USD)

Sales – Available On Request

Asking Price – Available On Request

Profits – Available On Request

DEAL TERMS

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Available On Request

Please contact our specialist to get full information regarding this bank.