The story
The bank was formed in 1990, and was based in the Isle of Man. ALIL was one of the largest deposit takers in the Isle of Man, with over £179 million in share capital and reserves. ALIL's eSaver accounts, which were launched in 2007, were the first international savings accounts to offer a purely online application process with no 'wet’ signature.
On 5 August 2011, the business of Bradford & Bingley International, which was also part of the Santander Group, was transferred to Alliance & Leicester International, ahead of the expiry of the trademark licence on the Bradford & Bingley name in September 2011. In March 2013, it was announced that the bank would transfer its business to Santander UK's Isle of Man branch. Customer accounts were transferred on 7 May 2013.
From Wikipedia’s article on Alliance & Leicester International, shared under CC BY-SA 4.0.4