Bank of England

UK's central lender

The Bank of England is the central bank of the United Kingdom, responsible for monetary policy, issuing currency, and maintaining financial stability.

Founded in 1694, it sets interest rates and serves as lender of last resort to the banking system.

Often called simply the Bank in British financial contexts: The Bank raised rates again.

Opposites
institutional type

Bank of Englandretail bank

Bank serving individual customers

commercial bank · Barclays · HSBC · Lloyds · NatWest

national central banks

Bank of EnglandBitcoin

Peer-to-peer electronic cash

cryptocurrency · Federal Reserve · Bank of Japan · gold standard · anarcho-capitalism

Family

bank, banker, banking, banks, English, England, banked, bankers, Anglican

Familiarity
Top 200,000
Profile
Timeless · Concrete · Rated G