Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) is a commercial bank in Scotland, a subsidiary of the National Australia Bank (NAB) Group. In Scotland, Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England. In 2001, Yorkshire Bank (previously the NABG's subsidiary in England) became a part of Clydesdale Bank, although it continues to trade under its own name.
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Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) is a commercial bank in Scotland, a subsidiary of the National Australia Bank (NAB) Group. In Scotland, Clydesdale Bank is the third largest clearing bank, although it also retains a branch network in London and the north of England. In 2001, Yorkshire Bank (previously the NABG's subsidiary in England) became a part of Clydesdale Bank, although it continues to trade under its own name.
Clydesdale Bank continues to issue its own banknotes for use in Scotland.
The Clydesdale Bank was founded in Glasgow in 1838. The Clydesdale later expanded throughout Scotland, and later became the first Scottish bank to open branches in the north of England. In 1919 the Midland Bank acquired the Clydesdale Bank. In 1950 the Midland Bank merged the Clydesdale with the North of Scotland Bank which it acquired in 1926.
The Midland Bank later sold its UK subsidiaries, including the Clydesdale Bank, to NAB in 1987. The bank became part of NAB's UK and...
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