Banking has been a business which has existed since centuries. The first bank was opened in 1472 in Italy. A bank is an institution which is involved with people in financial transactions. Lending money, Loans, Saving peoples Money are some of the basic functions of a bank. Now with advancement of technology the banking industry has also been revolutionized with facilities like ATMs and Internet Banking. To continue this tradition banking with the best facilities there is a bank called Lloydstsb in United Kingdom which deals in retail banking. It was formed in 1995 with the merger of Lloyd's bank and the TSB group. The lloydstsb banking is basically based in United Kingdom. It has more than 16 million customers in the whole of UK. The bank offers all the services in the banking business to its customers. There have been many accusations against the bank but still the bank holds a great reputation in UK and continues to work well within its business circle.

The lloydstsb banking provides all the services to its customers. It mainly deals in private banking which includes saving and current accounts, internet banking, credit cards, loans and insurance. The other activities of the bank are business banking, private banking and international banking. There are affordable schemes for students also. Its main dealing is in retail banking and such a large pool of customers in UK. It offers twenty four hours of online services to its customers. In terms of international banking it provides its customers with credit cards and ATMs which are usable all over the world.

 Though the system and service of lloydstsb banking is above the average. It has also been accused of several things in the past. There are complaints of not treating the customers well and not listening to their grievances in some cases it has been accused of racial discrimination. There is also a controversy regarding the senior management of the bank. The bank is also accused of not protecting the employer jobs in its banking division. The controversies have been in and around the Lloyd bank. There were other cases too of money laundering and dealing in arms business. All this has tarnish the image of the bank and brought down the reputation. Still the bank is going strong and still growing at a good rate. It has also taken steps to restore its image which have worked in its favor. The bank is also strategizing to enter the international market and open offices in America and other parts of the world.