Tesco Personal Finance Online
: As of February 2024, the group maintained a strong capital position with a common equity tier 1 (CET1) ratio of 11.1%.
: In November 2024, Tesco completed the sale of its core banking business—including credit cards, personal loans, and savings portfolios—to Barclays Bank UK PLC for approximately £700 million. tesco personal finance
: Prior to the sale, the bank served approximately five million customers. : As of February 2024, the group maintained
: Tesco continues to operate its Insurance and Money Services (IMS) division. These retained operations include: : As of February 2024
As of early 2026, the company has undergone a fundamental shift in its business model.