About Scottish Widows Bank

Who we are

Scottish Widows Bank welcomed its first customers when it opened for business on 1 May 1995. With only 18 colleagues, we were the small banking arm of Scottish Widows - a long established and substantial life, pension and investment company.

We're proud to offer the innovation and flexibility of a modern, efficient company along with the financial strength and heritage of a trusted and recognised financial services brand.

Over the years our business has expanded considerably, reflected not only by the size of our operation (there are approximately 240 colleagues at our Head Office in Edinburgh) but by the growth in our product range.

We initially launched into the banking market with savings products. We now have a range of both personal and non-personal savings products including easy access and fixed term accounts.

During 1997 we decided to capitalise on our growing reputation by moving into the mortgage market, and we were one of the first lenders to launch a flexible mortgage. Our success continued the following year when we identified a gap in the market and on 1 May 1998 we launched a mortgage specifically for professionals.

Since then, we’ve continued to develop award-winning mortgage and savings products targeting specific groups of customers.


As a guide, a benchmark is an index, rate or price that is determined from time to time by reference to the state of the market, which is made available to the public and is used as a point of reference for certain transactions or investments. Read more about our participation in Benchmarks (PDF, 61KB).


Find out what ring-fencing means for Scottish Widows Bank customers.

Privacy Information

View the Scottish Widows Bank data privacy notice (PDF, 145KB)

Legal information

View Scottish Widows Bank legal information.

Scottish Widows Bank is a trading name of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.