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Find out moreLloyds Banking Group is the UK’s largest financial services Group, focused on retail and commercial customers.
Lloyds Banking Group includes Lloyds Bank, TSB, Lloyds Bank International, Halifax, Bank of Scotland and Scottish Widows. Whilst the Group was formed in 2009, the history of the individual brands can be traced back to 1695.
The main business activities are retail, commercial and corporate banking, general insurance and life pensions and investment provision. Lloyds Banking Group serves more than 30 million customers.
Insurance products are offered through Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Through Scottish Widows, Lloyds Banking Group launched the Centre for the Modern Family, a think tank created to analyse and innovate societal and family needs to provide better protection in the future.
Early in 2018 Lloyds Banking Group announced plans for a three-year digital transformation, with a particular focus on IT investment. The Group looks to invest £3bn in business transformation, addressing customer experience, digitising the group, maximising group capabilities and transforming ways of working.
IN January 2023 Lloyds Banking Group invested £4m in Caura, a firm that simplifies admin by sending drivers information and reminders to stay compliant. Caura for iOS and Android provides a single interface for all driving-related payments, like car insurance, MOT, vehicle tax, tolls and city charges, Caura claims it saves drivers valuable time and money.
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