Founded in 1755, Lloyds Bank provides a broad range of retail, private and corporate banking products and services to households, businesses and communities in the United Kingdom. Lloyds Bank offers a comprehensive range of financial products and services, including current accounts, savings, mortgages, loans and credit cards.
Becoming a client of Lloyds Bank Plc can be done in a few steps:
Due to regulatory requirements Lloyds Bank Plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Lloyds Bank Plc will ask him/her to provide the following documents: passport or ID card; utility bill; income details. For corporate clients Lloyds Bank Plc will ask to provide corporate documentation as well as information about controlling persons. Lloyds Bank Plc may request additional documentation or information depending on the case. Lloyds Bank Plc performs client's identity verification via branch visit.
Lloyds Bank Plc is the 4th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 472,78 bln GBP, providing the bank with the market share of 5.32%. In 2018 the bank's annual profit was 5 911,00 mln GBP.
Lloyds Bank Plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).
Lloyds 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 Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Lloyds Bank Plc is a member of Lloyds Banking Group (United Kingdom).
Lloyds Bank Plc is headquartered in Edinburgh.
Lloyds Bank Plc has profiles at the following social networks:
Lloyds Bank Plc is authorized and supervised by the Financial Conduct Authority (reference number 119278).