Founded in 2018, Tandem Bank was the outcome to the acquisition of Harrods Bank by Tandem Money and is one of a growing number of App-based banks coming out of the United Kingdom (UK). As of 2021. the common equity tier 1 (CET1) ratio of Tandem Bank was 14 percent. The loan to deposit ratio stood at 56.6 percent, and the cost of risk stood at 0.41 percent.
Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021
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Companies House. (October 2, 2022). Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021 [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/
Companies House. "Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021." Chart. October 2, 2022. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/
Companies House. (2022). Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/
Companies House. "Key Ratios for Tandem Bank Limited in The United Kingdom (Uk) in The Year Ending December 31st 2021." Statista, Statista Inc., 2 Oct 2022, https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/
Companies House, Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021 Statista, https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/ (last visited December 10, 2024)
Key ratios for Tandem Bank Limited in the United Kingdom (UK) in the year ending December 31st 2021 [Graph], Companies House, October 2, 2022. [Online]. Available: https://www.statista.com/statistics/1112183/key-figures-for-tandem-bank-united-kingdom/