Bank of Scotland International Limited Intention to merge with Lloyds TSB Offshore Limited.
Following the acquisition of HBOS by Lloyds TSB earlier this year, to create the new Lloyds Banking Group, we would like to update you on some important developments at Bank of Scotland International Limited.
Lloyds TSB Offshore Limited and Bank of Scotland International Limited have already commenced the process of merger pursuant to the Companies (Jersey) Law 1991 and accordingly it is anticipated that the two companies will be merged together and Bank of Scotland International will become a trading name of Lloyds TSB Offshore Limited from January 1st 2010.
What does this mean for our customers?
There will be no change to the service, account numbers, contact telephone numbers or our online banking service for now. As and when there are any further changes, we intend to give our customers plenty of notice.
During 2010, the merger of the two businesses will provide our customers with more options for their banking and savings needs and access to a much wider product range through the combined group.