To help the people and businesses of
Britain thrive over the long term 

 

140 YEARS

Successfully trading since 1878

Close Brothers Savings is part of leading UK merchant banking group Close Brothers Group plc, founded in 1878. We are committed to the principles of Modern Merchant Banking, serving the needs of today's customers with the traditional values and strength of our heritage. Close Brothers Savings, a subsidiary of Close Brothers Limited, has been providing dedicated personal savings accounts to UK residents and businesses since 2008.

Financial highlights below taken from Close Brothers Group plc Annual Report 2018. A strong financial position for the year ended 31 July 2018.

Adjusted operating profit*: £278.6m
Total client assets:  £12.2bn

For a brief financial overview, read our Results Summary.

Additional information and supporting documentation at Close Brothers Group website.

*Adjusted operating profit excludes amortisation of intangible assets on acquisition of £7.4 million (2017: £6.2 million), exceptional items of £nil (2017: £nil), and loss from discontinued operations of £2.9 million (2017: £3.9 million) and is stated before tax
 

Aa3 RATED

One of the UK's highest rated banks

Close Brothers Limited is one the UK's highest rated banks with a Aa3 credit rating from Moody’s Investors Service and an A rating from Fitch Ratings Ltd. These ratings reflect the strength of our business model, prudent approach and solid track record in profitability. 

Moody's Investors Services                                Fitch Ratings Ltd 
Short term rating: P1                                              Short term rating: F1
Long term rating:  Aa3                                            Long term rating:  A
 

AWARD WINNER

2019

Treating Customers Fairly Champion at the British Bank Awards
More information
 

Savers Choice at the Savings Champion Awards
More information 

 

2018

Customer Services Champion at the British Bank Awards
More information 

These achievements reflect our commitment to providing the highest level of service, building long-lasting relationships with our customers and earning recommendations. We also have a UK-wide network of Business Development Managers who are empowered to offer dedicated and face-to-face support to our corporate customers.