Virgin Money

Virgin Money plc is a UK-based bank and financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching a value Personal Equity Plan into the market. In the 2000s Virgin Money expanded its operations around the world.

In 2010 the company received a banking licence through the purchase of the Church House Trust, and announced plans to expand further into the sector. Virgin Money bought Northern Rock plc in January 2012 for £747 million up front, with other potential payments of up to £280 million over the next few years. Northern Rock plc was subsequently renamed Virgin Money plc.

Read more about Virgin MoneyHistory, Products, Virgin Money Giving, Sponsorship, International Operations

Other articles related to "money, virgin money, virgin":

Northern Rock - History
... to fully commit to repayment of taxpayers' money ... and on 17 November 2011 it was announced that Virgin Money were going to buy Northern Rock plc for £747 million up front and other potential payments of up to £280 ... Virgin also pledged to keep the headquarters of the bank in Newcastle upon Tyne ...
Virgin Money - International Operations
... In 2003, Virgin Money launched its first venture outside of the UK by introducing its credit cards in Australia ... Virgin Money Australia initially launched in partnership with Macquarie Bank Pty Ltd and added superannuation (2005) and home loans (2008) to their product suite ... In 2008, Virgin Money Australia withdrew its home loan product from the Australian market due to the financial crisis of 2007–2010 and the credit ...
Regent Centre - Virgin Money
... See also Partnership House The Virgin Money bank has its headquarters on a site that is adjacent to, although not technically a part of Regent Centre ... In November 2011 Virgin Money agreed to purchase Northern Rock from the British Government ... As of October 12, 2012 Northern Rock was rebranded to Virgin Money and these buildings become Virgin Money's headquarters for their savings and mortgages business ...
Virgin Credit Card - History - Australia
... The Virgin Credit Card was launched in Australia in May 2003 ... Virgin Money signed a five-year agreement with Westpac and Mastercard to manage the transactions ... offers through the credit card’s ‘Mates rates’ scheme, which included offers from other Virgin companies in Australia such as Virgin Blue, Virgin Mobile and ...

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