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What does TSB stand for?

Published in Banking 1 min read

TSB stands for Trustee Savings Bank Public Limited Company.

TSB is a retail and commercial bank in the United Kingdom. It operates as a separate entity from Lloyds Banking Group, having been divested from it in 2013 and subsequently acquired by Sabadell Group in 2015. The name "Trustee Savings Bank" has historical significance, referring to the original purpose of such banks which were established to serve smaller savers.

The full legal name reflects its status as a limited company and the heritage associated with its trustee origins. While commonly referred to simply as "TSB," understanding the full form provides context to its historical roots and corporate structure.