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 Bank plc, Lloyds TSB Scotland plc and Bank of Scotland plc (members of Lloyds Banking Group), are authorised and regulated by the Financial Services Authority. FSA authorisation can be checked on the FSA’s Register at: www.fsa.gov.uk/register/home.do. Lloyds TSB Bank plc, Lloyds TSB Scotland plc and Bank of Scotland plc are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service.