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Lloyds Banking Group (Lloyds Banking Group) Payments to Suppliers for Goods and Services


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What is Lloyds Banking Group Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


Lloyds Banking Group (Lloyds Banking Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lloyds Banking Group PLC (NYSE:LYG) » Definitions » Payments to Suppliers for Goods and Services
Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.