Virgin Money plc (formerly Ivobank) is a UK-based bank and financial services company owned by the Virgin Group. It was originally known as Virgin Direct, and pioneered index tracking by launching a value Personal Equity Plan into the market. In the 2000s Virgin Money expanded its operations around the world.
In 2010 the company received a banking licence through the purchase of the Church House Trust and has plans to expand into this sector. Total assets: GBP 21.8 billion (as of December 31, 2012).
HQ: Norwich, UK
Founded: 1995
ID: 1225. Updated: 02.07.2019
- Press Releases
- 21.01.2013 Virgin Money has today announced that it will launch its own credit card business following an agreement to buy £1 billion of assets from the Virgin credit card portfolio from MBNA Ltd. Read more
- Head office: Discovery House, Whiting Road
Norwich, NR4 6EJ - Phone: +44 1268 443 956
- Fax: n/a
- SWIFT: NRNBGB22
- Key people: Jayne-Anne Gadhia (CEO), Finlay Williamson (CFO)
- Company type: n/a
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