Bank of Scotland

(redirected from Governor and Company of the Bank of Scotland)

Bank of Scotland

A major commercial bank in Scotland. It was established in 1695 and was the first bank in Europe to issue bank notes. In 1959, it became the first British bank to install a computer to process accounts. In 2009, it was acquired by Lloyds. It maintains the right to issue pound sterling notes, though it issues the Scottish version.
References in periodicals archive ?
Lloyds Banking Group plc has commenced a tender offer to purchase for cash any and all of certain series of outstanding perpetual notes issued by Lloyds Bank plc and Bank of Scotland plc (formerly The Governor and Company of the Bank of Scotland), the company said.
Bank, with total assets of $272 billion, is a wholly owned subsidiary of The Governor and Company of the Bank of Scotland ("Bank of Scotland"), Edinburgh, United Kingdom.

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