Banks in London

Catering to the economic need of the people of the city, the importance of the banks in London as financial institutes cannot be denied.

Banks in London form an integral part of the economy of this city. The banks have brought a boom in the financial sector of London. There are a number of government banks as well as private banks in London. These banks offer corporate banking service as well as personal banking services. The Central Bank functions as the national bank of the country. It regulates the monitory policy of the city as well as the country. Maintaining the stability of the national currency is also an important responsibility of this bank.

Banks of London:

Some of the major banks in London include:

• Central Bank
• Anglo Irish Bank Corporation plc
• CCF
• HSBC Bank plc
• Bank Leumi plc
• Banca Caboto SpA
• Shinkin Central Bank
• Capital One Bank plc
• Goldman Sachs international
• SG Warburg & Co Ltd
• West Merchant Bank Ltd
• Bank of Ireland
• DZ Bank AG
• Nedbank Limited
• First Commercial Bank

Other than these major financial institutes, you can

find some other banks such as:

• Sonali Bank Limited
• Euroclear Bank SA
• Fortis Bank NV/SA
• TD Bank Europe Ltd
• Yorkshire Bank plc
• Bank of Cyprus Limited
• National Westminster bank plc
• Bank Mellat
• Union bank of Nigeria
• CIBC World Markets plc
• UFJ International plc
• Banca Popolare di
• NIB Capital Bank NV
• Coutts & Co
• Paribas Limited
• The Bank of Korea
• SEB Private Bank SA
• KAS Bank NV
• DVB Bank AG
• UBS Limited
• Reliance Bank Ltd

Functions of London Banks:

Some of the functions of the banks of London include safeguarding the stability of currency, providing loan, improving money market, corporate banking solution, controlling the public exchange reserves and many more.

Scattered all over the city, London banks are extremely competent. They offer prompt services in terms of mutual funds, investments, debit cards, credit cards, insurance policies and other related products.