London Scottish Bank plc · Manchester United Kingdom ·(London: LSB)
Company Description
Phone: +44-161-834-2861
Fax: +44-161-834-2536
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This link will open in a new window London Scottish Bank provides direct lending, mortgage lending, reinsurance, and factoring services to individuals and enterprises in the UK. London Scottish also offers secured lending, salary advancing, home-collected credit, and check cashing. Consumer credit income accounts for nearly half of revenues. The bank has traditionally marketed its services to working-class clients underserved by larger lending institutions. It markets its products through 100 branches and one call center. Subsidiary Robinson Way specializes in debt collecting services for home shopping, finance, and utility companies (about 30% of revenues). Facing a capital shortfall, London Scottish Bank went into administration in late 2008. To read the full description, subscribe now.
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Key London Scottish Bank plc Financials
| Company Type | Public - London: LSB Headquarters |
| Fiscal Year-End | October |
| Annual Sales (mil.) | $69.9 |
| Employees | 300 |
London Scottish Bank plc Executives
9 executives listed for London Scottish Bank plc's Manchester, location.
| Title | Name & Bio | Contact |
| Chairman | Peter Cordrey | Network |
| Deputy Chairman | Alan Benzie | Network |
| CEO | Robin Ashton | Network |
Competition
Competitive Landscape for London Scottish Bank plc
Demand for credit reporting and for collections services are driven by the volume of financial transactions, and by the health of the economy. The profitability of individual companies depends largely on efficiency of operations. The profitability of collections companies that buy receivables portfolios depends on their ability to assess recovery potential. Large credit reporting companies have significant economies of scale in operations. Small companies can compete successfully in the collections segment, where customer service and personal contact are important. To read the full description, subscribe now.Top London Scottish Bank plc Competitors
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