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February 11, 2016 12:38 AM ET

Banks

Company Overview of Sainsbury's Bank plc

Company Overview

Sainsbury's Bank plc, doing business as Sainsbury's Finance, provides banking products and services. The company offers home improvement, car, and other loan services; credit cards; and savings products and services. It also provides car, home, pet, life, and travel insurance products; Travel Money, a foreign currency exchange service; and online banking and customer support services. The company was incorporated in 1996 and is based in Edinburgh, United Kingdom with a store support center in London, United Kingdom. As of January 31, 2014, Sainsbury's Bank plc operates as a subsidiary of J Sainsbury plc.

Haston House

2 Redheughs Rigg

South Gyle Crescent

Edinburgh,  EH12 9DQ

United Kingdom

Founded in 1996

Phone:

44 8085 405060

Fax:

44 2072 822804

Key Executives for Sainsbury's Bank plc

Chief Executive Officer and Executive Director
Age: 57
Chief Financial Officer and Executive Director
Chief Operating Officer
Chief Executive of Sainsbury's Plc
Age: 53
Deputy Chief Executive Officer and Commercial Director
Compensation as of Fiscal Year 2015.

Sainsbury's Bank plc Key Developments

Sainsbury's Bank Announces Appointment of David Jones as Chief Customer Officer

Sainsbury's Bank announced the appointment Of David Jones as Chief Customer Officer. His appointment will see him lead the Bank's newly formed Customer Division, bringing together trading and marketing teams, and join the Bank's Board of Directors. David joins from Moneysupermarket. David, previously worked at Virgin Money from 2007 in a variety of senior roles, including commercial director and bank development director. He was previously commercial director at RBS and spent 7 years at Procter & Gamble working across a variety of European brand management positions.

Sainsbury's Bank plc Announces Group Earnings Results for the Twenty Eight Weeks Ended September 26, 2015

Sainsbury's Bank plc announced group earnings results for the twenty eight weeks ended September 26, 2015. For the period the company reported underlying group sales including VAT was down 2.0% to £13,641 million against £13,916 million a year ago. Underlying profit before tax was down 17.9% to £308 million against £375 million a year ago. Underlying basic earnings per share were down by 17.2 % to 12.0 pence against 14.5 pence a year ago. On statutory basis, group sales were down 2.0% to £12,419 million against £12,667 million a year ago. Profit before tax was £339 million against £290 million a year ago. Basic earnings per share were 13.6 pence against 18.0 pence loss per share a year ago.

Sainsbury's Bank plc to Report Q3, 2016 Sales/Trading Statement Results on Jan 13, 2016

Sainsbury's Bank plc announced that they will report Q3, 2016 sales/trading statement results at 7:00 AM, GMT Standard Time on Jan 13, 2016

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