Luke Heppenstall University of Dundee BMIM LLOYDS BANKING

Luke Heppenstall University of Dundee BMIM LLOYDS BANKING GROUP BMIM PORTFOLIO SECTION 1 – COMPANY RESEARCH PRESENTATION

Luke Heppenstall University of Dundee BMIM ABOUT LLOYDS • Formed on 19 th January, 2009 by the merge of HBOS and Lloyds TSB, Lloyds Banking Group has grown to become one of the UK’s largest financial service providers. • The current firm now has over 75, 000 employees and has an equity value of over £ 43 bn. • Now providing to over 30 million customers, the company has the largest private shareholder base in the whole country. • Through the acquisition of companies such as Halifax and Bank of Scotland there are now over 2, 000 Lloyds branches throughout the UK.

Luke Heppenstall University of Dundee BMIM PRODUCTS AND SERVICES • Lloyds offer a number of different services to their customers, particularly – • Current/saving accounts, overdraft facilities, loans etc (general banking services) • Mortgages and ISA options. • Insurance on travel, cars, phones, the home etc • Car finance • Professional finance advice

Luke Heppenstall University of Dundee BMIM COMPETITORS • Due to the range of products and services offered by Lloyds – they understandably operate in a very competitive market. • Their main competition includes – • Barclays Bank • Santander • Royal Bank of Scotland