type public limited founded 19 february 1997 headquarters edinburgh scotland halifax west yorkshire products financial services parent j sainsbury plc website www.sainsburysbank.co.uk sainsbury s bank plc is a british bank wholly owned by sainsbury s a national supermarket chain in the united kingdom . the bank began trading on 19 february 1997 as a joint venture between j sainsbury plc and bank of scotland and was the first bank to be opened by a major british supermarket . sainsbury s took full ownership of the bank in january 2014 . the bank s head office is at 3 lochside avenue edinburgh eh12 9dj and it runs operations from various locations across the uk . in 2008 it had over 1.4 million active customers . citation needed contents 1 history 2 services 3 references 4 external links history edit sainsbury s and bank of scotland later to become a subsidiary of lloyds banking group formed the bank as a joint venture and it received a full banking licence from the bank of england in january 1997 . it launched on 19 february 1997 . on 8 may 2013 sainsbury s announced it would buy the 50 % share in the business owned by lloyds banking group . 1 the transfer was completed on 31 january 2014 and sainsbury s bank became a wholly owned subsidiary of j sainsbury plc. services edit the bank provides a range of financial products including insurance credit cards savings and loans . it is authorised by the prudential regulation authority and regulated by both the financial conduct authority and the prudential regulation authority . sainsbury s bank products are linked to the nectar reward scheme and can be applied for online or by telephone . references edit ben griffiths 8 may 2013 . shares in sainsbury s fall as it buys up lloyds 50 % stake in its banking arm . this is money . retrieved 5 june 2013 . external links edit official website v t e j sainsbury plc key people john james sainsbury and mary ann sainsbury john benjamin sainsbury alan sainsbury baron sainsbury david sainsbury baron sainsbury of turville john sainsbury baron sainsbury of preston candover robert sainsbury tim sainsbury sainsbury family peter davis justin king david tyler retail operations sainsbury s sainsbury s local sainsbury s online sainsbury s bank home retail group argos and habitat customer programmes nectar loyalty card sainsbury s active kids products classic cola former formats interests sainsbury s calais wine store sainsbury s central sainsbury s freezer centres sainsbury s savacentre sainsbury s pharmacy mobile by sainsbury s former subsidiaries bell s stores homebase jacksons stores shaw s supermarkets star market texas homecare v t e commercial and retail banks in the united kingdom banking in the united kingdom barclays barclays bank barclays wealth cybg clydesdale bank yorkshire bank hsbc holdings first direct hsbc bank hsbc private bank m & s bank lloyds banking group1 bank of scotland bank of wales birmingham midshires halifax lloyds bank royal bank of scotland group2 adam and company child & co. coutts & co. drummonds bank natwest royal bank of scotland ulster bank santander group cahoot cater allen santander uk wholly state owned national savings and investments post office money uk financial investments uk asset resolution bradford & bingley3 nram3 other airdrie savings bank al rayan bank aldermore allied irish bank gb first trust bank arbuthnot latham & co secure trust bank bank and clients bank of ireland butterfield bank cambridge & counties bank c. hoare & co close brothers group the co operative bank smile danske bank duncan lawrie handelsbanken harrods bank icici bank uk julian hodge bank kingdom bank kleinwort benson metro bank monzo onesavings bank raphaels bank reliance bank n m rothschild & sons sainsbury s bank sg hambros shawbrook bank standard chartered tesco bank triodos bank tsb unity trust bank virgin money big four banks are underlined and private banks are shown in italics 1 10 % owned by ukfi 2 73 % owned by ukfi 3 mortgage assets only retrieved from https en.wikipedia.org w index.php title sainsbury % 27s bank & oldid 648184794 categories banks of the united kingdomsupermarket banksbanks established in 1997sainsbury shidden categories all articles with unsourced statementsarticles with unsourced statements from june 2008 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 21 february 2015 at 13 35 . text is available under the creative commons attribution sharealike license ; 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