The UK Government owns a controlling stake of 70% of the Royal Bank of Scotland Group (RBS)'s ordinary shares, however the bank itself remains nominally independent of Government[11]
†† The UK Government owns a controlling stake of 43% of the Lloyds Banking Group, with the bank remaining in the private sector.
There are however a small number of independent specialist or local banks. They are all just a small fraction of the size of the smallest of the banks in the table above: Airdrie Savings Bank, Arbuthnot Latham, C. Hoare & Co, CAFBank (a bank for charities provided by Charities Aid Foundation), Charity Bank (a bank which is also a charity and supports other charities), Close Brothers Group, Duncan Lawrie Bank, Julian Hodge Bank, N M Rothschild & Sons, Raphaels Bank, Ruffler Bank, Unity Trust Bank (a bank supporting social enterprise). There is also a government-run savings bank called National Savings and Investments.
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