Alliance & Leicester Commercial Bank

Company Overview
Alliance & Leicester Commercial Bank offers personal and business banking services. The bank provides deposit products including savings and checking accounts; loan products such as credit cards and personal loans; and online banking services. The bank was founded in 2003 and is based in Bootle, United Kingdom. Alliance & Leicester Commercial Bank operates as a subsidiary of Alliance & Leicester PLC.

Bridle Road

Bootle, GIR 0AA

United Kingdom

Founded in 2003
Phone:
44 1519 288 181


Fax:
44 1519 662 009


www.alliance-leicestercommercialbank.co.uk
Key Executives
Mr. Alex Smith
Senior Product Manager for Business Banking Marketing
Mr. Steve Luty
Head of Business Centre Network
Mr. David Bell
Head of South West Business Centre
Mr. Adam Williams
Head of Global Infrastructure
Mr. John Graham
Head of Development Property Finance
Age: 53 Compensation as of Fiscal Year 2009.
Key developments for Alliance & Leicester Commercial Bank
Alliance & Leicester Commercial Bank Launches Enhanced Current Account
06/11/2009
Alliance & Leicester Commercial Bank has launched its Free Business Current Account, an improved current account offer for small businesses with a turnover of up to GBP 1 million. The company said that in addition to free day-to-day banking and free cash deposits, the Free business current account will now also offer an in-credit interest rate of 6% AER (5.85% gross) fixed for the first year, on balances up to GBP 2,500. The account is available immediately and small business owners can apply at any Alliance & Leicester branch. The Free Business Current Account, which is recognized as offering the best value for small businesses, is now even better providing a real return on surplus funds in the account. In the current economic climate, it is more important than ever, that business owners review all costs including their banking arrangements in order to ensure that they are operating as efficiently as possible.

Alliance & Leicester Commercial Bank Unveils New 12-Month Business Bond
06/9/2009
Alliance & Leicester Commercial Bank has launched a new limited edition 12-month fixed rate business bond, available to businesses with a turnover of up to £1 million. The new bond has a fixed interest rate of 3.20% gross pa/AER and matures on July 1, 2010. This new business bond is available for business savings of between £50,000 and £2 million.

Alliance & Leicester Launches Prepaid Card Scheme for Housing Benefit Claimants
08/18/2008
Alliance & Leicester Commercial Bank is rolling out a prepaid card payments solution for local authorities in the wake of the government's scheme to transfer payment of housing benefit to claimants, as opposed to their landlords. The prepaid card scheme will allow local authorities to save up to 75% of their processing costs for the payment of housing benefits, as well as remove the-on average-10% charge to the recipients when converting checks to cash. The prepaid card solution is particularly aimed at the 800,000 UK citizens who receive housing benefit, while being classified as unbanked. The card aims at not only supporting the local authority in its efforts towards financial inclusivity for all recipients, but also seeks to improve efficiency and increase the services that can be offered to the unbanked benefit claimant through advanced functionality.