Lloyds Bank's nine-month profit surges 63%

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 period from January to September from £1.7 billion year earlier.