Pestle Raport Lloyds Banking Group

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01.08.2019-561 views -Pestle Dare de seama Lloyds

 Essay about Pestle Raport Lloyds Bank Group

Table of Contents

1 . Introduction……………………………………………………………….

1 . 1    Vision................ …………………………………….. 2 . Political………………………………………………………………….. 3. Economical……………………………………………………. ……….. some. Social………………………………………………………….. ………... 5. Technological…………………………………………………………… 6. Legal……………………………………………….. …………. ……….... 7. Environmental …………………………………………………………… eight. Three Challenges ………………………………………………………. being unfaithful. Conclusions…………………………………………………………….... twelve. Bibliography……………………………………………………………… 11. Appendices……………………………………………………………….

1 . Introduction

Lloyds Banking Group PLC is known as a financial institution that was formed following the acquisition of HBOS in 2009. Lloyds PLC are one of the greatest banks in the united kingdom by resources, containing over 100. 500 employees in total. It are operating in several countries and provides products such as full commercial bank, wholesale financial and bancassurance. Their hq is stationed in London. After the acquisition of HBOS, Lloyds started to be the leading retail bank in britain with main brands getting Lloyds TSB, Halifax and Bank of Scotland (Market Line 2012). In this survey I will start to analyse the external environment by performing a PESTLE analysis pertaining to Lloyds financial Group PLC. The PESTLE analysis contains multiple external factors that could influence the organization, this includes: Governmental policies, Economics, Cultural, Legal and Environmental. All of this factors have got each all their importance for the company and will have different effects, depending on the circumstance. In the end of the report, I will write about 3 significant challenges that Lloyds are facing at the moment. At the conclusion of the information there will be a conclusion.

1 . 1 Vision


Lloyds Financial group's perspective is to turn into UK's top bank for costumers and shareholders.

To accomplish their desired goals and the can make strategies which have been simple and acuto to the enterprise and be receptive at the same time. They will focus on services and products with good values and deliver steady and eco friendly profits to get the investors (Lloyds Banking Group, 2013)

2 . Personal and Economical:

In the recent years there has been a whole lot of concentrate on the downturn 2008. Much of the attention have been set after the financial sector as well as the banks, largely on how that they handled the crisis as well as the system that didn't prevent it from happen (Key Note, 2012). Several elements were talked about, one of them had been about how financial institutions contributed to the financial crisis with a " fast expansion in global finance”. The catastrophe where a impact for many and brought up a few severe weak points to the financial regulation and supervision in the united kingdom (OECD, 2011), such as the North Rock scandal in 2008 (Hyun Song Shin, 2009) As a result of the recession, the federal government developed a " recovery pack” to stimulate the  economy and decided to spend 37bn pound to buy levels in three banks, Noble bank of Scotland, Lloyds TSB and HBOS (BBC, 2008). Nevertheless seeing the damage of the crisis and the current situation with the economy it became clear the recession would be deeper than originally expected. In drive 2009, the Financial Services Power (FSA) stated several assumptions, which were not forecast but worst-case cases that delivered to the conclusion that Lloyds bank would need extra capital through the government (FSA, 2009).  In March 2009 Lloyds PLC made a deal breaker with the UK government that consisted of the redemption of Preference stocks and the " asset safety scheme” (Lloyds Banking Group, 7. Drive 2009). But after " initial talks about joining the structure Lloyds paid out £2. 5bn without signing up for it” (BBC, 2012) In the following years the bank full lending market grew in the united kingdom by 2% in 2011. In 2016, it is estimated great britain lending marketplace will have a value of $2, 417. almost 8 billion, an increase of twenty seven. 8% as 2011. You are able to that after the...

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[Last accessed three or more May 2013]

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