List of Banks Acquired/transferred Under The Act
| Bank | Action taken | Date | Refs |
|---|---|---|---|
| Northern Rock | Nationalised | 21 February 2008 | |
| Bradford & Bingley | Mortgage assets nationalised; savings deposits and branch network transferred to Abbey, a UK subsidiary of Grupo Santander | 29 September 2008 | |
| Heritable Bank (subsidiary of Landsbanki of Iceland) | Transferred to ING Direct | 7 October 2008 | |
| Kaupthing Edge (division of Kaupthing Singer & Friedlander) | Transferred to ING Direct | 8 October 2008 |
Read more about this topic: Banking (Special Provisions) Act 2008
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