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CYBG plc
Company typePublic
LSECYBG
ASXCYB
IndustryFinance and Insurance
Founded2016
Headquarters
Key people
David Duffy (Chief Executive Officer)
ProductsFinancial services
Revenue£964 million (2015)[1]
£237 million (2015)[1]
SubsidiariesClydesdale Bank
Yorkshire Bank
Websitewww.cybg.com

CYBG plc (Clydesdale and Yorkshire Bank Group) is a holding company that owns Clydesdale Bank and Yorkshire Bank in the United Kingdom. It was formed by National Australia Bank (NAB) in February 2016, in advance of the divestment of its UK business through a stock market flotation. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was listed on the London Stock Exchange and Australian Securities Exchange for conditional share trading on 3 February 2016. Unconditional trading began on 8 February 2016.[2]

References

  1. ^ a b "Annual Results 2015" (PDF). CYBG. Retrieved 11 June 2016.
  2. ^ Taverner, Charlie; Fedor, Lauren (3 February 2016). "Clydesdale Bank share price trades above opening offer as conditional trading starts on IPO after 24-hour delay". City A.M. Retrieved 7 February 2016.