Triodos has made some necessary changes in our set up as a bank. We have created a new subsidiary company, Triodos Bank UK Ltd, wholly owned by Triodos Bank N.V.
- 9 May 2019
Triodos has made some necessary changes in our set up as a bank. We have created a new subsidiary company, Triodos Bank UK Ltd, wholly owned by Triodos Bank N.V. The new structure became effective from 1 May 2019.
The changes have been made in preparation for the United Kingdom’s expected withdrawal from the European Union and will ensure continuity of our services to our UK customers, allowing us to continue operating within Triodos Bank Group, driving the growth of sustainable banking across Europe.
How will it affect me?
If you are a Triodos Bank UK customer, you are unlikely to notice any obvious differences. Our online banking, the processing of payments, cards and other day-to-day functions (including our customer contact team) will all continue to operate as they currently do. Eligible deposits will be protected by the UK Financial Services Compensation Scheme (FSCS). We have contacted all customers to confirm any changes to terms and conditions. Our obligations to all of our customers have not changed.
More information about the change of legal structure can be found at www.triodos.co.uk/legaltransfer