Strongest Banks in the UK

Secure Trust Bank, HSBC and Royal Bank of Scotland are amongst the strongest banks in the UK:

Secure Trust Bank is one of the strongest banks in the UK, founded in 1952. It is part of the Arbuthnot Banking Group PLC, a pioneering force in banking since 1833, listed on the London Stock Exchange's Alternative Investment Market (AIM). It is also authorised and regulated by the Financial Services Authority and a member of the Financial Services Compensation Scheme.

HSBC is one of the strongest financial institutions operating in the UK and the world. The founding company from which HSBC took its name, the Hongkong and Shanghai Banking Corporation, was established in 1865 to finance trade between China and Europe. In the UK, Midland Bank, which merged with HSBC in 1992, was founded in Birmingham in 1836. HSBC was recognised as the fifth strongest bank in the world in a survey of the world's best 1,000 banks by The Banker magazine, after making profits of more than £9bn in 2008/09.

The Royal Bank of Scotland (RBS) has won recognition as one of the world's largest and fastest growing banking groups. As of August 2007, it is Europe's fourth largest financial services group and the twelfth largest globally, based on market capitalisation. The bank has a long term Aaa rating from Moody's, one of the strongest credit ratings for financial institutions anywhere.

* Next: Top Banks in London

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn