The Bank made a profit in the I half for the first time in 3 years
Net profit of the British banking giant Lloyds Banking Group Plc. in January-June 2013 amounted to £ 1,56 billion, compared with a net loss of £ 697 million for the first six months of 2012, as company informed.
Report also noted that this is the first time in three years, that bank made a profit for the first half.
Adjusted profit was £ 2,9 billion. Revenue in January-June 2013 increased by 2% - to £ 9,5 billion. Profit before tax is fixed at level of £ 2,1 billion against losses of £ 456 million for the same period a year earlier.