British banking Logo
With over 300 years of history, the British banking system is one of oldest and most influential in the world as half of the ten major banks of our time come from Great Britain. In fact it was the Royal Bank of Scotland that created the concept of overdraft when around 1778 one account holder was given to right to retreat 1000 pounds more than he had. Many account services and structures that local banks are offering derive from British banks and their smaller co-operative entities. With such a long history, British bank logos are not easily overlooked as many of these UK bank logos can be found in TV commercials, on sports stadiums, on large buildings, etc.
Most banks in Great Britain were started by rich families and governmental institutions that had the momentum to offer banking services on local and country level. Because of this, most British bank logos have certain Surnames of families on them along with some symbol that they have chosen or one that emphases stability, power, honor and royalty. Such are Lloyds, Glyn Mills, William Deacons and even the popular Barclays (originally called Quaker Bank). On the other hand, there were those UK bank logos had a simple reference name to a city, region or country from Great Britain: Bank of England, Royal Bank of Scotland, National Provincial, District Bank, etc.
Many of the British banks throughout history have been created with large merges of several local or family banks because of mutual interest. Some even speculate that many merges had happened because of religious connections. Whatever the case, these merges are another indication why most British bank logos have not changed in their simple design over the course of three centuries. And even in such a globalized financial world that we live in today UK Bank logos can be easily detected by someone that follows the trends of modern economy.
Some of the most popular UK bank logos are so old that they have been taken as an example for other countries’ bank logos. One example is the logo of the Royal Bank of Scotland that represents four pointing arrows in one inner spot. The symbol is known as the “Dairy Wheel” and it is speculated that the truest meaning of the symbol is: the aggregation and collection of wealth. The same symbol was taken by Ulster Bank and Citizens Financial Group in USA. In contrary, other British bank logos have incorporated such a worldwide status that it would foolish to use their symbols. Take Barclays for instance: the bank had a major success in becoming an official sponsor of the Premier League and what a move has that turned out to be. Today, the Barclays logo with the eagle symbol is known to every football fan around the world, considering football is the most popular sport on the planet.