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Tesco Bank creates 300 jobs for current account launch

Tesco Bank has announced it will create 300 new jobs in Glasgow and Edinburgh, as it prepares to launch a current account next year.  The majority of the roles will form part of a new team responsible for serving current account customers.

The positions are permanent with the majority being full time and instead of incentivising sales, Tesco Bank will offer a competitive basic salary and pension scheme. In addition, all colleagues will receive extensive training to ensure they can provide great customer service.

Benny Higgins, Chief Executive of Tesco Bank, said,

“Since 2008, we have invested to build a bank for Tesco customers.  We now have more than 6.8 million accounts and offer straightforward, transparent products which reward loyalty and provide great value.

“We are making excellent progress towards the launch of our current account next year and the recruitment of these new roles is an important milestone in that process.”

The roles will be split between the bank’s main offices in Scotland - Tesco Bank, South Gyle Crescent, Edinburgh and Broadway One, Renfield Street Glasgow.

Applications open on the 6th of January. To apply please visit http://careers.tescobank.com/

--ENDS--

For more information and media enquiries please contact:

Tesco Bank press office

+44 (0) 131 274 3630 

Notes to Editors:

The Tesco Bank current account launch will create:

·         240 new customer service jobs

·         58 head office roles including banking commercial, legal, risk and marketing

About Us:

Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers manage their money every day. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. Tesco Bank participates in the Chartered Banker Professional Standards Board.

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ

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