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| A relatively small, sometimes newer, retail bank which competes with larger, often older banks.
| | The party that issues a cheque. |
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| Challenger banks would tend to service smaller corporate clients, if any, rather than larger ones.
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| In the UK, challenger banks include the following banks which wrote to the Competition and Markets Authority (CMA) in 2016 about the UK corporation tax bank surcharge and bank levy:
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| *Aldermore Bank
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| *Charter Savings Bank
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| *Close Brothers
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| *Hampden & Co.
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| *Metro Bank
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| *One Savings Bank
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| *Paragon Bank
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| *Secure Trust Bank
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| *Shawbrook Bank
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| *Tesco Bank
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| == See also == | | == See also == |
| * [[Bank]] | | * [[Cheque]] |
| * [[UK Bank Levy]] | | * [[Payments and payment systems]] |
| * [[Big 4]]
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| * [[Central bank]]
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| * [[Commercial banks]]
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| * [[Competition & Markets Authority]]
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| * [[Disruptor]]
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| * [[DTLB]]
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| * [[HSBC]]
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| * [[ICB]]
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| * [[Independent Commission on Banking]]
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| * [[Retail]]
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| * [[Ring fence]]
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| * [[Shadow banking]]
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| * [[SME]]
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Revision as of 19:48, 12 April 2016
The party that issues a cheque.
See also