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Lloyds Bank and Citigroup refi MediaCityUK and start syndication sell-down

Lloyds Bank and Citigroup have refinanced MediaCityUK scheme at Salford Quays in Manchester with a £277m senior loan, following the injection of new equity by Legal & General Capital (LGC) which has reduced the loan-to-value and recalibrated to current tighter credit spreads. 497 more words

Banks

Lloyds Bank closes £7.4bn in UK commercial property loans in 2014 and earmarks expansion this year

Lloyds Bank has funded more than £7.4bn to the UK’s commercial property sector last year, representing an uplift of 8 per cent on 2013.

The total includes real estate financing from both the bank’s SME commercial property portfolio and the Commercial Real Estate teams which provides funding for transactions with a value from £10m and above. 633 more words

Banks

Banks Withdraw Services from Llandovery

“Llandovery branch opening hours are changing”, said the letter I received from Lloyds Bank this morning. Changing? The letter really meant “cut”. Cut from five days, Monday to Friday, to only two days a week, and those two days with shorter hours. 269 more words

Education

Lloyds Bank further restructures CRE lending team into six client divisions

Lloyds Bank’s commercial banking division has further restructured its commercial real estate team with the creation of six new specialist teams.

The six teams are: listed clients, institutional clients, major private groups, developers, international clients, and private real estate corporates.  576 more words

Banks

LLOYDS BANK BACK TO PROFITS

Lloyds Bank (LSE: LLOY) was rescued by the British treasure following the global financial crisis of 2008.

The state had to invest 20000m. pounds in exchange of a 40% stake in a bank that accumulated huge losses. 293 more words

Lloyds Bank - How to Lose a Customer in Five Days

When a customer is happy, he will tell a few friends. When a customer is not happy, the whole world will hear about it. There! Let’s try how far the power of blogging and social media can go. 1,408 more words

Customer Service