Page 264 - Bank Case Studies
P. 264

TSB, was built to bring more competition to UK banking and

               ultimately make banking better for all UK consumers. It

               occupies a unique market position as a UK-only, values-led,
               challenger brand with over 200 years of heritage.







                   Purpose                                Values

                   We provide local banking for           Our values guide us in all we do
                   Britain to help local people,          and how we do it. We are:

                   businesses and communities to                  straightforward
                   thrive together.

                                                                  collaborative

                                                                  transparent


                                                                  responsible

                                                                  pioneering




                   Market position                         Strategy

                   TSB occupies a unique market            TSB’s three strategic pillars have

                   position in British retail banking as   remained the same since
                   a UK-only values-led challenger         relaunching onto high streets
                   brand with over 200 years of            across Britain in September 2013:
                   heritage, the capabilities of a large          to provide great banking to
                   established bank, including
                                                                  more people
                   comprehensive distribution and
                   product capability, and the high               to help more people to
                   growth potential of a challenger               borrow well
                   bank.                                          to provide the kind of

                   TSB has over 5 million customers               banking people tell us they
                   and comprehensive product and                  want and we believe they

                   distribution capability, including             deserve

                   600 plus branches.
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