Lloyds TSB profits fall to £1.56bn

Banking group Lloyds TSB today blamed the sale of overseas businesses for a 7% fall in half-year profits to £1.56bn (€2.4bn).

Lloyds TSB profits fall to £1.56bn
Fri, 30 Jul, 2004 - 09:11

Banking group Lloyds TSB today blamed the sale of overseas businesses for a 7% fall in half-year profits to £1.56bn (€2.4bn).

The result – in line with market expectations – masked a solid performance in the UK, where key product areas such as mortgages and credit card balances grew strongly.

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