Lloyds moves account openings fully online – report [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Yahoo! Finance
The UK-based bank is asking customers to open joint, premium, and student accounts online rather than in person at its branches, Internal documents indicate that staff will direct customers to use the bank's digital platforms for these services, as well as for switching from other banks. In a statement to Retail Banker International , a Lloyds spokesperson said: “Anyone coming into a branch looking to open an account can do it in the branch, and will get help there and then.” The move will not impact staff headcount, added the spokesperson. This shift comes as Lloyds continues to reduce its branch network. The bank has announced over 100 additional closures, adding to the 1,470 branches it has shut in the past ten years. By the end of the current closure programme, Lloyds Banking Group will have 610 branches remaining. The changes also mean that certain services such as opening executor accounts or making bankruptcy and overdraft appeals will no longer be available in b
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LYG
Analyst Actions
- 12/12/25 - BNP Paribas
LYG
Sec Filings
- 3/5/26 - Form 6-K
- 3/5/26 - Form 6-K
- 3/4/26 - Form 6-K
- LYG's page on the SEC website