Clydesdale Bank invests in Piccadilly centre

14th April 2014

Clydesdale Bank welcomed customers through the doors of its refurbished and modernised central London banking hub as it was officially opened by chief executive David Thorburn.

The bank opened its first branches in England in the 1870s, establishing a base in London in 1877 in Plough Court. The building at 35 Regent Street in Piccadilly, which has undergone extensive renovation and modernisation works throughout 2013, has been a key location for Clydesdale Bank since 1975.

More than £4 million has been invested to improve the branch and business centre, with enhancements including the creation of a new banking hall and the provision of a new suite of customer meeting rooms.

The renovation works have delivered a fully modernised building with a number of sustainability improvements such as energy efficient air conditioning and lighting throughout.

Business customers will also benefit from an upgraded business lounge with Wi-Fi, and the new meeting rooms will provide a professional and comfortable environment. The business and private banking team based at the centre support local businesses across London and the South East.

Clydesdale Bank operates 43 Business and Private Banking Centres throughout the UK, with six of them serving London and local regions in the south. The centres, which all have their own local teams of business and private banking professionals, are based in Gatwick, Oxford, St Albans, Reading and Bury St Edmunds, in addition to Piccadilly.

Andrew Merrifield, Regional Director, Business and Private Banking for the South of England said: “This building has been part of our history for almost 40 years and the investment we have made demonstrates the importance of it to our business.

"Supporting the aspirations and growth ambitions of our customers and the communities we serve is the foundation of our business and we hope our customers will enjoy using the new facilities. 

We’re delighted with the improvements to the building but we know it’s our people that make the biggest difference for our customers. As well as investing in the bricks and mortar, we have also built a team of over 30 business experts with a wealth of knowledge, specialist expertise and extensive contacts who support a wide range of businesses, from start-ups and SMEs to larger corporate clients.”