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Lloyds Bank's nine-month profit surges 63%

Thu, Oct 26, 2017 - 5:50 AM

LBG lifted overall revenues by 9 per cent in the January-September period, benefiting from a comparatively solid domestic market, despite uncertainties in the face of Brexit.

PHOTO: REUTERS

London

LLOYDS Banking Group said Wednesday that its net profit jumped 63 per cent in the first nine months of 2017, as the British economy remains resilient in the face of Brexit.

LBG said in a statement that its bottom-line net profit rose to £2.8 billion (S$5.05 billion) in the...

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