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Home | Lloyds sells Uruguayan operations |
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Lloyds sells Uruguayan operations
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- September 08, 2012
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Lloyds Banking Group is selling its Uruguayan retail, commercial and corporate banking operations to Swiss-owned Banque Heritage (Uruguay) S.A. The business, which currently operates as a branch of Lloyds TSB, was valued at £261 million as of 31 December 2011. This disposal is in line with Lloyds’ strategy of reducing its international presence, although it [...]
- Read more at:http://www.bankingtimes.co.uk/2012/09/08/lloyds-sells-uruguayan-operations/
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