Published in Banking & Financial Services category by MBA Skool Team
Lloyds Bank is one of the leading brands in the banking & financial services sector. Lloyds Bank SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Lloyds Bank:
The bank has over 16 million customers and small business accounts
Above are the strengths in the SWOT Analysis of Lloyds Bank. The strengths of Lloyds Bank looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Lloyds Bank Weaknesses
Controversies regarding tax evasion and money laundering
Dropping credit ratings in recent times
High number of complaints against the bank had an adverse effect on the brand image
These were the weaknesses in the Lloyds Bank SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
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