Llyods bank was founded in 1765 by John Taylor and Sampson Llyod in Birmingham, United Kingdom.
For last 250 years, Llyods bank has been serving household, business and communities in Britain, and it offers range of financial products and services which included current accounts, loans, mortgages, savings and credit cards. In 1995, Llyods acquired Cheltenham and Gloucester building society which become the first ever association between a bank and a building society.
In 2009, amidst of global recession, Llyods TSB acquired HBOS forming Llyods Banking Group. In 2013, Llyods Banking Group once again become two separate banks. The strength of the group is its rich and diverse heritage. To achieve its strategic vision to become Britain’s best bank for customers, the Llyods remain committed to serving customers and help to prosper Britain. Museum on the Mound was established in 2006 at Edinburgh, in the Scottish Headquarters of Lloyds Banking Group charts the history of banking in Scotland and display the theme of money in Art & design, trade, technology, crime, and security. Llyod Bank recognize the importance of engaging employees motivate them to deliver consistent and better results to achieve the strategic goals. With strong focus of women empowerment and improving the gender diversity in organization, Llyod bank employs 31% women in their senior management role.
The Retail banking segment of Llyod Bank provides current accounts, savings, loans and mortgages to small business customers in United Kingdom. The Retail banking function earns a 3514 mn Euro profit in the financial year 2015 which constitutes 44% of group profit. Commercial banking earns 2431 mn Euro profit which constitutes 31% of group profit. The Consumer Finance and Insurance contributes the remaining profit.