PORTION – 1 –Project target and general research procedure

1 . 1 Introduction

1 ) 1 . you Topic chosen

The topic We've chosen pertaining to my study is " Topic No-8 - Organization and monetary performance over the three yr period”. My own choice intended for organization is " Lloyds Banking Group (LBG)”. I've made contrasting LBG having its competitor Barclays Group to become meaningful research. 1 . 1 ) 2 Reason for choosing theme area

At my ACCA research, I like F7 (financial reporting) and P3 (Business Analysis) more than some other subjects. I have selected " Business and financial performance over three years periods” while my research project topic since I always desire to apply my own knowledge and theory which will I've enthusiastic about. In addition , I want my upcoming career to become related with all those areas.

1 ) 1 . several Reason for selecting topic firm

In every developed country, banks are important because of its improvement in economy and wealth of it is citizens. My spouse and i intend to act on a good reputed bank in future. Then I become willing to learn how UK detailed banks conduct successfully and reliably for his or her customer. In UK, outlined banks present more complicated and sophisticated service to meet customers' satisfaction. Most notable, I are especially interested in Lloyds Bank Group which can be leading economic service group providing a broad variety of banking and financial services. (en. wikipedia. org, online, 2011)

Lloyds Bank Group plc is a Uk financial institution, which was formed throughout the acquisition of HBOS by Lloyds TSB last year. Lloyds TSB was formed in 1995, because Lloyds Lender and the Trustee Savings Lender (TSB) combined together. This will make it the second largest bank in UK and largest by simply market share. Lloyds Bank was one of the most ancient banks in the UK, tracing the establishment to Taylors and Lloyds founded in 1765. Through number of mergers, Lloyds emerged to get one of the Big Four banking companies in the UK. The corporation operated in England and Wales as Lloyds TSB Bank plc in addition to Scotland since Lloyds TSB Scotland plc. In 2001, a say of loan consolidation in the UK financial market led the former Halifax Building Society, which traces its beginnings to 1853, to concur a £10. 8 billion merger together with the Bank of Scotland; Halifax is now utilized as brand for it's the Bank's twigs in England, Wales and Northern Ireland as well as for savings and mortgages in Scotland. Today HM Treasury's stake inside the group features reduced to 41. a few per cent following capital raising system in February 2010. Lloyds TSB was appointed the first Established Partner for the London, uk Olympics 2012. Lloyds TSB is also the official recruit for the Asian Jewel Awards. The awards recognize the contribution made by the Asian community in Britain today. Lloyds Banking Group is quoted on both London Stock market and the Nyse and is one of the largest companies within FTSE 100. Furthermore, Lloyds Banking Group was awarded a lot of reputable advantages. * Lloyds TSB was announced while the winners of its accolades for brilliance by Euro-money in Come july 1st 2008, and top inside the Race intended for Opportunity's (RfO) annual review in Summer 2008. 2. In May 2009 Lloyds TSB Corporate Market segments was recognized as ‘Bank from the year' for the fifth year working at True FD/ CBI FDs' Superiority Awards. * Lloyds TSB won the award for Best Overseas Mortgage company. 1 . 2 Aims and objectives research study

The objective of my research project is always to analyze business and monetary performance of LBG to know whether it is trusted for consumer, it is beneficial to invest to get shareholders and whether it meets their obligations as a responsible bank. Investors, shareholders or financial institution managers inquire THREE standard questions whenever they examine the accounts of the business. They can be position, efficiency and potential customer of this business (Richard Pike and Costs Weale, 2003). To meet this kind of objective, I need to evaluate simply by not only looking at financial concern such as level of profitability, fluidity, solvency, asset utilization...