Best Banks In United Kingdom (UK) 2021 By Size & Assets

What are the the best banks in United Kingdom? Whether you are looking for opening an UK bank account, wealth management services or mortgages solutions, you'll find below a list of banks in United Kingdom which offered not only tailored financial solutions, but which are also strongest in terms of total assets and size.

In fact, The UK banking sector contributes 5.5% of UK tax revenues, a greater proportion than its 4% share of UK gross value added according to EBF(European Banking Federation).

best banks in united kingdom

Top 10 banks in UK


HSBC UK is takes the the fist place in our list of best banks in UK. was established by 2018, provides you with personal and online banking and you can find up to three kind of branch services such as full service branch, digital service branch and cash service branch.

It operates through 513 branch locations spread out UK and in terms of other services it offers Global Banking & Markets, Commercial Banking, Wealth and Personal Banking, including retail and private banking.

  • Headquarters: Canary Wharf, London.
  • Total assets: £623,963 million As of June, 30, 2021.
  • Customers: Over 40 Million.

2. Lloyds Bank

It was founded on 3 June 1765 and has been serving the communities of Britain. This bank offers 13 products including current(5 Options in Club Lloyds account in terms of interest rates) and savings bank accounts, credit cards, loans and mortgages.

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Even when this bank made the decision on closing 60 branches, is one of the major banks in UK where you can find 14 routes on its website with a total of 116 mobile branch locations in the UK.

  • Headquarters: 25 Gresham Street, London.
  • Total assets: £609,622 Million as of 30 June 2021.
  • Net income: £7.6bn.
  • Customers: 30 Million.

3. Royal Bank Of Scotland Online

RBS was established in Edinburgh in 1727. It currently has 472 branches in Scotland and offers a wide range of personal, premium and business financial products.

You'll find in this bank 6 options individual savings accounts, 2 investment products and 5 options for personal credit cards, 40,000 cash machines to make free withdrawals, online tools for your financial goals and mobile banking app.

  • Headquarters: 36 St Andrew Square, Edinburgh.
  • Total assets: 799.5 billion GBP.
  • Net income: £1,932 million as of 2020.
  • Customers: 3.3 Million.

4. Barclays Bank

Barclays was founded in November, 17, 1690. It's been serving people in London for over 330 years and S&P Global Ratings said Barclays is better positioned to maintain credit metrics consistent with the current ratings as the credit cycle plays out.

This bank made the decision of closing 641 branches, however members will have access up to 798 physical locations in the UK. You can find products and services such as expert wealth planning, tailored investment solutions, lending options, as well as flexible and easy ways of banking.

  • Headquarters: 1 Churchill Place, London.
  • Total assets: 1.349 billion GBP as of 2020.
  • Net income: 8,122 m GBP as of 2020.
  • Customers: 48 Million.

5. Standard Chartered Bank

Standard Chartered Bank was founded in 1969 and currently operates in over 59 markets globally, but even withouth branches in UK, this bank is headquartered in Lodon.

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It's 776 branches worlwide and offers from current bank accounts to private, international banking and wealth management solutions.

  • Headquarters: 1 Basinghall Avenue, London.
  • Total assets: 5.804 billion GBP as of 2021.
  • Customers: 14 Million.

6. Santander UK

Santander started in the UK market by November 2004 and today is one of the largest banks in UK, operating through the retail and commercial models.

Customers will have access to 452 branches throughout the United Kingdom, while 11,000 Post Office branches are spread across the country and have a wide choice of product categories offered by the bank, including personal, private, business and corporate solutions.

  • Headquarters: London, NW1 3AN, United Kingdom.
  • Total assets: £285,614 million as of June, 30, 2021.
  • Customers: 14.3 million as of 2020.

7. Nationwide Building Society

Unlike the banks listed above, Nationwide Building Society acts as a big financial cooperative, since it's a society owned by its members. Through branch, internet, telephone and the Nationwide banking app, are some ways in which you can bank with this company.

Customers can find in this bank 8 categories of financial products, 585 branch locations nationwide with at least 3 nearby branches for each one of those 585 locations. In addition, customers can have the peace of mind when it comes to secure their money, since according to Global Finance, Nationwide is the safest bank in UK.

  • Headquarters: Pipers Way, Swindon, SN38 1NW.
  • Total assets: Over £160 billion.
  • Customers: Around 13 million members.

8. Schroders

This institution helps a wide range of institutions and individuals to with their investments management. It operates through 37 locations across Asia, Europe, the Americas, and the Middle East.

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You can find with Schroders a wide range of services for individuals and business owners including financial advice.

  • Headquarters: 1 London Wall Place, London Wall, Barbican, London EC2Y 5AU, UK.
  • Total assets: £700.4 billion as of June, 2021.

9. Close Brothers

Close Brothers is a leading modern merchant bank in UK, which was founded in 1878, it provides financial support to individuals and small businesses throughout their wide range of services such as loans, financial advice, trade securities, wealth management, as well as deposits.

  • Headquarters: 10 Crown Place, London EC2A 4FT.
  • Total assets: £12.0bn as of 2021.
  • Employees: Over 3,000 employees in the UK.

10. Coventry Building Society

Coventry Building Society was founded in 1884 and today is the second largest building society in UK with 66 branches across 7 UK areas such as West Midlands, East Midlands, Bath, Bristol and Somerset, Gloucestershire and Monmouthshire, Oxfordshire, Wiltshire and Yorkshire.

Here you'll find up to 19 options for savings accounts, including Cash ISAs, fixed rates, regular saver, easy access and children's accounts. In the event you're looking for a mortgage solution, you can think of Coventry Building Society, since it has been rated Number 1 by the Fairer Finance as of 2021 in terms of client satisfaction and mortgage provider transparency.

  • Headquarters: Coventry, UK.
  • Total assets: £51 billion as of December 2020.
  • Customers: Trusted by 2 million.


HSBC UK, Lloyds Bank and Royal Bank Of Scotland take the three first places in this list of biggest banks of UK for the 2021.

Best UK banks FAQs

Which is the safest bank in UK?

According to Global Finance, Nationwide is the safest bank in UK.

Best Banks In United Kingdom (UK) 2021 By Size & Assets
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Best Banks In United Kingdom (UK) 2021 By Size & Assets
HSBC UK, Lloyds Bank and Royal Bank Of Scotland take the three first places in terms of total assets and size when it comes to the largest banks in the UK, while Nationwide is the safest bank in UK.
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