Lloyds Banking Group
We have multiple brands which mean we can serve customers in terms of pricing and positioning to cover and attract more of the market. Lloyds TSB and Halifax are our main brands in England and Wales and Bank of Scotland is the main brand in Scotland.
We keep our costs down and aim to continually improve our services to customers.We have a distribution network that is second to none, including the largest branch network in the UK.
What's in it for our customers, our colleagues and our shareholders?
For our customers: the combination of both organisations will help us offer the best convenience, choice and expertise. We want to be the best bank for customers.
For our colleagues: the scope and scale of our new company will provide exciting opportunities to grow and develop their career. Our people are going to be vital to making our new organisation the best it can possibly be.
For our shareholders: as we look beyond the near term, we believe the strength of the Group will offer significant opportunities.
Lloyds TSB Group plc was renamed Lloyds Banking Group plc on 19 January 2009, following the acquisition of HBOS plc. This makes us the largest retail bank in the UK with strong positions in a number of sectors. One in three people bank with us
Our goal is to be the best financial services provider in the UK. We believe this means we must build a leadership position not on the basis of scale but on the foundations of reputation and recommendation.
While the short term outlook for all financial services companies in the UK and around the globe is challenging, we believe that the acquisition of HBOS will be a success and presents us with many opportunities.
The creation of Lloyds Banking Group comes with a big responsibility.
Serving over thirty million people means we have a clear role to play in society; through helping our customers everyday.
When Lloyds Banking Group was formed in 2009, it brought together many well-known brands, including Bank of Scotland, Halifax, Lloyds TSB and Scottish Widows.
Our combined history stretches back to 1695. It takes in a diverse range of companies, from banks and savings banks to building societies and life assurance. Each has its own story to tell. Together they present a truly extraordinary heritage, of which we are justifiably proud.