Company Overview of Sainsbury's Bank plc
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.
2 Redheughs Rigg
South Gyle Crescent
Edinburgh, EH12 9DQ
Founded in 1996
Key Executives for Sainsbury's Bank plc
Chief Executive Officer and Executive Director
Chief Financial Officer and Executive Director
Chief Executive of Sainsbury's Plc
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
Dec 7 15
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
Nov 11 15
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
Nov 11 15
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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