March 04, 2015 3:31 PM ET

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Company Overview of Tesco Personal Finance plc

Company Overview

Tesco Personal Finance plc, together with its subsidiaries, provides financial products and services to personal customers in the United Kingdom and the Republic of Ireland. It operates through two segments, Banking and Insurance. The company offers savings and current accounts; personal and mortgage loans; and credit cards, ATMs, and travel money services. It also provides various insurance products, including car, home, pet, travel, health and dental, and breakdown cover insurance, as well as car insurance for young drivers; and life insurance products. The company was incorporated in 1997 and is headquartered in Edinburgh, the United Kingdom. Tesco Personal Finance plc is a subsidiary of ...

Interpoint Building

22 Haymarket Yards

Edinburgh,  EH12 5BH

United Kingdom

3,607 Employees

Phone:

44 1314 791 000

Key Executives for Tesco Personal Finance plc

Chief Executive Officer and Director
Age: 54
Chief Financial Officer and Director
Chief Commercial Officer, Deputy Chief Executive, Director and Member of Executive Committee
Age: 55
Chief Risk Officer and Director
Managing Director of Banking and Member of Executive Committee
Compensation as of Fiscal Year 2014.

Tesco Personal Finance plc Key Developments

Ageas UK and Tesco Bank Extend Motor and Household Insurance Partnership

Ageas UK and Tesco Bank have announced the extension of their motor and household insurance partnership.

Dunnhumby May Be Sold

dunnhumby Limited may be sold. Tesco PLC (LSE:TSCO) is evaluating the possibility to sell dunnhumby. The company is expected to focus on cost cuts and asset sales. Dave Lewis of Tesco may signal the company to divest Dunnhumby that analysts estimate to be worth £2 billion to £3 billion. Other possible disposals include its Thai business, valued by analysts at about £5 billion and its South Korean business, with an estimated value of £4 billion, as well as the possible sale of a stake in Tesco Personal Finance plc (Tesco Bank).

Tesco Seeks A Sale Of Tesco Personal Finance

Tesco PLC (LSE:TSCO) is exploring the possible sale of a stake in Tesco Personal Finance plc for about £500 million to £1 billion. Tesco Personal Finance refused to comment on the potential sale.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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