Our History

Wyelands Bank was previously known as Tungsten Bank, before it was acquired in 2016 by British industrial entrepreneur Sanjeev Gupta, through an irrevocable family trust.

The bank is part of his wider vision to promote the revival and growth of industrial businesses in the UK, where there is so much untapped potential for growth.

Wyelands Bank is operationally independent of Mr Gupta, though it is part of the informal family of businesses that comprise the GFG Alliance.

Founded by the British Gupta family, the GFG Alliance is an international grouping of businesses. It combines some of the world’s leading industrial, natural and financial resources that work together toward the delivery of a common industrial strategy.