Or building society for that matter.
Bank interest rates are low and so subsequently so are interest rates for savers.
Interest rates for mortgages have been high and so are personal loans.
Childrens savings are tulip.
So what would the process be for setting up a new bank/building society? Ignoring the actual business model(for now). What are the setup costs? What do you have to have? FSA? Licence?
Recently when looking for interest rates for savings(the best have been based in the North. ie. Coventry, Yorkshire, Strathclyde)?
So what do you need to do? A revolution is needed!
BBC News - Metro Bank opens doors in UK
Bank interest rates are low and so subsequently so are interest rates for savers.
Interest rates for mortgages have been high and so are personal loans.
Childrens savings are tulip.
So what would the process be for setting up a new bank/building society? Ignoring the actual business model(for now). What are the setup costs? What do you have to have? FSA? Licence?
Recently when looking for interest rates for savings(the best have been based in the North. ie. Coventry, Yorkshire, Strathclyde)?
So what do you need to do? A revolution is needed!
BBC News - Metro Bank opens doors in UK
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