Lloyds TSB Bank SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Lloyds TSB Bank, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
Lloyds TSB Bank is one of the leading brands in the banking & financial services sector. The article below lists the Lloyds TSB Bank SWOT and includes its target market, segmentation, positioning & USP.
In this article:
Let us start the SWOT Analysis below:
The strengths of Lloyds TSB Bank looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
A list of strengths is mostly the starting point in a SWOT analysis. Below are the Strengths in the SWOT Analysis of Lloyds TSB Bank :
1. Diverse Banking solutions
2. Strong presence in retail banking
3. Has over 45,000 employees
4. The bank has over 16 million customers and small business accounts
The weaknesses of a brand are certain aspects of its business which it can improve. Here are the weaknesses in the Lloyds TSB Bank SWOT Analysis:
1. Controversies regarding tax evasion and money laundering
2. Dropping credit ratings in recent times
3. High number of complaints against the bank had an adverse effect on the brand image
The opportunities for any brand can include prospects of future growth. Following are the opportunities in Lloyds TSB Bank SWOT Analysis:
1. Small enterprise banking
2. Microfinance and increased services
The threats for any business can be external factors which can negatively impact its business. The threats in the SWOT Analysis of Lloyds TSB Bank are as mentioned:
1. Stringent economic policies world over
2. Highly competitive environment
3. Govt regulations and fluctuating market conditions
Hence this concludes the Lloyds TSB Bank SWOT analysis.
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About Lloyds TSB Bank
Lloyds TSB Bank Overview | |
---|---|
Parent Company |
Lloyd Banking group |
Category |
Bank |
Sector | |
Tagline/ Slogan |
For the Journey |
USP |
Part of Big four clearing banks |
Lloyds TSB Bank STP | |
Segmentation |
Business and Personal Banking |
Target Market |
Retail Banking for individual investors |
Positioning |
Complete Banking and financial solutions |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse marketing analysis of more brands and companies similar to Lloyds TSB Bank. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
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