page_title: Clydesdale Bank plc
hierarchical_section_title: Clydesdale Bank plc
caption_attribution_description: English: Clydesdale Bank HQ
context_page_description: Clydesdale Bank plc is a commercial bank in Scotland. Formed in Glasgow in 1838, it is the smallest of the three Scottish banks. Independent until it was purchased by Midland Bank in 1920, it formed part of the National Australia Bank Group between 1987 and 2016. Clydesdale Bank was divested from National Australia Bank in early 2016 and its holding company CYBG plc, trades on the London and Sydney stock exchanges. In June 2018, it was announced that Clydesdale Bank's holding company CYBG would acquire Virgin Money for £1.7 billion in an all-stock deal, and that the Clydesdale and Yorkshire Bank brands would be phased out in favour of retaining Virgin's brand. CYBG plc's banking businesses, Clydesdale Bank, Yorkshire Bank, Virgin Money and B, currently operate as trading divisions of Clydesdale Bank plc under its banking licence.
  As with two other Scottish banks, the Bank of Scotland and the Royal Bank of Scotland, Clydesdale Bank retains the right to issue its own banknotes.
context_section_description: Clydesdale Bank plc is a commercial bank in Scotland. Formed in Glasgow in 1838, it is the smallest of the three Scottish banks. Independent until it was purchased by Midland Bank in 1920, it formed part of the National Australia Bank Group (NAB) between 1987 and 2016. Clydesdale Bank was divested from National Australia Bank in early 2016 and its holding company CYBG plc, trades on the London and Sydney stock exchanges. In June 2018, it was announced that Clydesdale Bank's holding company CYBG would acquire Virgin Money for £1.7 billion in an all-stock deal, and that the Clydesdale and Yorkshire Bank brands would be phased out in favour of retaining Virgin's brand. CYBG plc's banking businesses, Clydesdale Bank, Yorkshire Bank, Virgin Money and B, currently operate as trading divisions of Clydesdale Bank plc under its banking licence.
  As with two other Scottish banks, the Bank of Scotland and the Royal Bank of Scotland, Clydesdale Bank retains the right to issue its own banknotes.
caption: The headquarters of Clydesdale Bank in St Vincent Place, Glasgow, United Kingdom
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