 
 Sainbury's BankLaunched in 1997, Sainsbury's Bank was the first Supermarket Bank in the UK. The Bank is part owned by J. Sainsbury's and Lloyds Banking Group which operate a 50:50 joint venture shareholding. Both partners believe the 50:50 joint venture underlines their shared commitment, to harness the significant potential and secure the long term growth of the business. Sainsbury's Bank offers a range of financial products including insurance, credit cards, savings and loans. Sainsbury's Bank has access to over 17m weekly customer visits through over 780 Sainsbury's stores. The Bank has strong customer loyalty and aims to be the preferred financial services provider for Sainsbury's shoppers. The next phase is to grow through leveraging the opportunity of the in-store environment. In their own words"Sainsbury's is a fantastic brand. There is a real opportunity through Sainsbury's Bank to deliver insurance propositions that match the core brand values of the Sainsbury's customer base." Neil Laird In our own words"Sainsbury's Bank's vision is to become the 1st choice financial services provider for the Sainsbury's customer. There are over 780 Sainsbury's stores across the UK with a footfall of 17m customers per week - a huge target audience with real potential to grow our business. Home Insurance will play a key role in the Bank's growth strategy and Sainsbury's Bank will work in partnership with St Andrews to deliver this growth through creating innovative propositions with real cut through that will deliver value today and value tomorrow for the Sainsbury's customer." André Angstmann
 FACT FILEHEAD OFFICE:Sainsbury's Bank, South Gyle Crescent, Edinburgh PRODUCTS: Household insurance Personal Loan Payment Protection GAP Credit Card Payment Protection START DATE WITH ST ANDREW'S: 1997 DISTRIBUTION CHANNEL: Sales Centre Online |
