On 4 April 2014, Lloyds Bank completed the sale and transfer of its private bank businesses in Monaco and Gibraltar to Union Bancaire Privée, UBP SA (UBP) based in Switzerland.
Lloyds TSB bank plc was the 14th largest bank in Monaco in terms of total assets. In 2013 its total assets were 598,18 mln EUR, providing the bank with the market share of 1.46%. In 2013 the bank's net income was 553 000,00 EUR.
Lloyds TSB bank plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Lloyds TSB bank plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Lloyds TSB bank plc is a member of Lloyds Banking Group (United Kingdom) and operated as a branch of Lloyds Bank plc (United Kingdom).