The banking group has started to offer savings products under the brand
Lloyds Banking Group has quietly brought back the Bank of Wales name, in the hope that the 42-year-old brand will help bring in new customers to its savings products at a time of increasing competition in the industry. The bank has recently applied to trademark a new logo for the Bank of Wales and Banc Cymru names, following the creation of a new website for the brand earlier this year that currently displays a simple holding page. Lloyds already offers a handful of savings products using the Bank of Wales name but they are only available through life insurance intermediaries. The bank is reviewing whether to broaden its offering. “As with all our brands, we are always looking to review them, and that includes Bank of Wales,” a spokesperson told the Telegraph....Read more here