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EUR 184.68 For Business Accounts Only

Lloyds Banking Group plc: LBG's acquisition of MBNA will boost market share in consumer finance creating further earnings diversification

FINANCIAL INSTITUTIONS ISSUER COMMENT 22 December 2016 Contacts Irakli Pipia 44-20-7772-1690 VP-Senior Credit Officer [email protected] Maija Sankauskaite 44-20-7772-1092 Associate Analyst [email protected] Laurie Mayers 44-20-7772-5582 Associate Managing Director [email protected] Nick Hill 33-1-5330-1029 Managing Director -
Underlying
Lloyds Banking Group plc

Lloyds Banking Group is a financial services provider. Co.'s main business activities are retail and commercial banking, general insurance and long-term savings. Co.'s Lending products are mortgages, credit cards, personal and business loans; Deposit products include taking Current accounts and savings accounts; Insurance products are home insurance, motor insurance and protection; Commercial financing products includes term lending, debt capital markets and private equity; and Risk management products includes interest rate hedging, currency and liquidity. As of Dec 31 2017, Co. had total assets of £812.1 million and total deposits of £448.0 million.

Provider
Moody's Investors Service
Moody's Investors Service

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