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December 01, 2015 2:50 PM ET


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


44 8085 405060


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 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, H1 2015 Earnings Call, Nov 11, 2015

Sainsbury's Bank plc, H1 2015 Earnings Call, Nov 11, 2015

Sainsbury's Bank Appoints Michael Ross as Non-Executive Director

Sainsbury's Bank announced on 29 June 2015 the appointment of Michael Ross as Non-Executive Director. He will be joining the Board of Directors at Sainsbury's Bank to help advance the Bank's digital and data strategies. Michael is currently Director and Chief Scientist at OrderDynamics, formerly eCommera Limited which he founded in 2007. Currently Michael is non-executive advisory for Abcam plc.

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