Lloyds Banking has received a record profit
The UK's biggest retail bank has published its financial statements for 2016. The company's net profit amounted to 2.51 billion GBP, which is 2.6 times higher than the previous data. Therefore, the company has reached the maximum capital growth over the past 10 years. The sharp rise was mainly caused by the decrease of insurance compensations and a successful anti-crisis policy. Lloyds Banking Group is actively increasing in value. Due to the positive news, the shares have risen by a record 4.39%, which gives traders an excellent opportunity to earn money. Remember, that trading will be available during the European session, from 08:00 to 15:00 GMT time. The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions.