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Sainsbury's Bank - Company Profile   (About Company Profile Pages)

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Sainsbury's Bank
Sainsbury's Bank is a 50:50 joint venture between J Sainsbury (a leading UK food retailer) and Bank of Scotland (a subsidiary of Lloyds Banking Group). Sainsbury’s was the first major British supermarket to open a bank, commencing trading on 19 February 1997. A full banking licence was granted by The Bank of England in January 1997. It operates under its own banking license issued by the FSA, separate from Bank of Scotland and Lloyds Banking Group.
         
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