Examples of Tesco Bank in a sentence
Net debt, retail operating cash flow and retail free cash flow exclude the impact of Tesco Bank.
Net debt, retail operating cash flow and retail free cash flow exclude the impact of Tesco Bank in order to provide further analysis of the retail cash flow statement.
Tesco Personal Finance plc, trading as Tesco Bank, is a wholly owned subsidiary of TPFG, which provides a range of financial services and products to personal customers under the Tesco Bank brand, mainly through telephony and on-line sales channels, and through a small number of in-store branches.
Net debt and retail operating cash flow exclude the impact of Tesco Bank, in order to provide further analysis of the retail cash flow statement.
The UK segment excludes Tesco Bank, which is reported separately in accordance with IFRS 8 ‘Operating Segments’.
Our acquisition in South Korea is performing well and delivering excellent results, we’ve opened our first three Tesco Lifespace shopping malls in China and we have made good progress building the infrastructure and developing new products for Tesco Bank.
The smaller Challenger Entities were Aldermore Group PLC; Allied Irish Bank; Atom Bank; Cumberland Building Society; Danske Bank; Monzo; OakNorth Bank; Paragon Bank PLC; Shawbrook Bank; Starling Bank; Tesco Bank; and Virgin Money.
However, it is unlikely that the “ring- fencing” requirements will apply to Tesco Bank, at least initially, because UK banks that are members of a group holding less than £25 billion in core deposits will be exempt.
Settlement of claims for customer redress in Tesco Bank from prior years.
Tesco Bank also operates an ATM estate primarily located in Tesco stores.