Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them. Our International services are offered by Lloyds Bank Corporate Markets plc & Lloyds Bank (International Services) Limited. For more information on ring-fencing visit /ringfencing/. They are independent from Lloyds Bank plc which is Lloyds Banking Group’s ring-fenced UK regulated retail and commercial bank. Both companies are part of Lloyds Banking Group plc. Lloyds Bank (International Services) Limited, a Jersey registered and regulated bank, is a subsidiary of Lloyds Bank Corporate Markets plc, a UK Non-ring-fenced Bank. Lloyds Bank Corporate Markets plc is independent from Lloyds Bank plc, which is authorised and regulated in the UK as the ring fenced bank of the Lloyds Banking Group. The Jersey, Guernsey and Isle of Man branches of Lloyds Bank Corporate Markets plc are each separately licensed as regulated deposit-takers in their respective jurisdictions. Lloyds TSB has strong resonance across the globe, due to its strong values, clear leadership, quality products and service and commitment to putting its clients first.Lloyds Bank Corporate Markets plc is authorised and regulated in the UK as the non-ring fenced bank of the Lloyds Banking Group. This provides us with a well regulated jurisdiction and a state-of-the-art facility that together form a great service proposition for our private clients throughout the Gulf region." “We are delighted to be establishing a regional business platform in the prestigious DIFC landmark Gate building. Neil Glanville, Head of Business Development, Lloyds TSB International Private Banking, said: IPB’s business model is focused on building long lasting relationships with personal clients, providing them and their families with global wealth management solutions designed to ensure flexibility and choice in all aspects of life. Global economic trends indicate that the Middle East region will continue to offer growing opportunities to the banking and financial services industries, and we welcome Lloyds TSB International Private Banking as the latest international name to join the DIFC family.
Private banking has always been an important business for the region’s banks and financial institutions, and the service continues to grow strongly. “Lloyd’s TSB is one of the oldest and most respected financial institutions in the world. Welcoming Lloyds TSB International Private Banking, Dr Omar Bin Sulaiman, Director General of DIFC Authority, commented:
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It now provides ultra high net worth individuals in Dubai and the region with personalised investment and wealth planning services, independent advice and professional support all shaped around the client and their specific needs, goals and profile. Lloyds TSB began its banking activities in the UAE in 1976 and launched its Private Banking activities six years later. International Private Banking (IPB), a division of Lloyds TSB Bank plc, one of the UK’s strongest and most respected brands, has announced it will be moving its activities to the Dubai International Financial Centre (DIFC) on 8 December 2005.
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