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Title Deed

Scottish Widows Bank welcomed its first customers when it opened for business on May 1 1995.

With only 18 staff on board, in the beginning it was a small banking arm of a long-established life, pensions and investment company.

“While the name Scottish Widows Bank may strike you as being not particularly imaginative, the rationale behind using our namesake was straightforward,” says managing director Graeme Hartop. “As a young company we felt it would benefit greatly from the recognition of our parent company’s strong brand.

“Despite being established 180 years later than our parent, we are proud to carry its brand values of strength and reliability into the banking side of the business,” he adds.

Two years after the bank started the management decided to move into the mortgage market.

“Over the past 12 years our business has expanded considerably, reflected not only in the size of our operation – we now employ 400 staff at our head office in Edinburgh – but also in the size in our product range,” Hartop says.

“There’s a feeling of being part of a team. Many people have worked here since the early days and they all feel part-owners of the business. This has rubbed off on the people who have joined since and that has been key.”

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