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Virgin Money UK (Virgin Money UK) Other Liabilities for Banks : $4,017 Mil (As of Sep. 2023)


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What is Virgin Money UK Other Liabilities for Banks?

Virgin Money UK's quarterly other liabilities (bank) declined from Sep. 2022 ($4,899 Mil) to Mar. 2023 ($4,544 Mil) and declined from Mar. 2023 ($4,544 Mil) to Sep. 2023 ($4,017 Mil).

Virgin Money UK's annual other liabilities (bank) increased from Sep. 2021 ($4,067 Mil) to Sep. 2022 ($4,899 Mil) but then declined from Sep. 2022 ($4,899 Mil) to Sep. 2023 ($4,017 Mil).


Virgin Money UK Other Liabilities for Banks Historical Data

The historical data trend for Virgin Money UK's Other Liabilities for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Virgin Money UK Other Liabilities for Banks Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Liabilities for Banks
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,957.92 4,147.67 4,067.31 4,899.21 4,017.33

Virgin Money UK Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Other Liabilities for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,067.31 4,505.93 4,899.21 4,543.69 4,017.33

Virgin Money UK Other Liabilities for Banks Calculation

As used by the bank, this category may include numerous accounts not included under other specific liability categories. In some banks, individual accounts are established for control purposes and appear as other liabilities on the balance sheet.


Virgin Money UK (Virgin Money UK) Business Description

Address
177 Bothwell Street, Glasgow, GBR, G2 7ER
Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.