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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 generally tend to service smaller corporate clients, if any, rather than larger ones.
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| In the UK, challenger banks include, among others: Aldermore Bank, Charter Savings Bank, Close Brothers, Hampden & Co., Metro Bank, One Savings Bank, Paragon Bank, Sainsbury's Bank, Secure Trust Bank, Shawbrook Bank, 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
