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Thomson Financial Business Description:
| The Group's principal activity is providing a range of financial services and products to personal and commercial customers. The Group's operation is structured around two customer groups. Retail banking covers a range of services to personal customers, focusing on the provision of mortgages, retail savings, current accounts and personal loans. It also provides Legal and General life assurance and long-term investment products. Commercial banking provides services for commercial customers and is focused on four core product lines. Commercial lending operation provides finance for both new and existing business customers. Business banking provides services for medium and small businesses including telephone and Internet banking. Cash business provides cash handling for retailers and other corporations, and cash sales to the Post Office and to other financial institutions. Treasury manages the Group's liquidity, funding and hedging requirements. |
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