Belfast Telegraph

Wednesday 23 July 2014

23. HBOS

Chief executive: António Horta Osório

Employment: 1,701

Turnover: n/a

Pre-tax profit: n/a

Halifax’s office at Belfast’s Gasworks on the Ormeau Road is one of the mortgage lender and savings provider’s largest call centres.

During its construction in 2000, the £45m site was the largest new build of its kind in Northern Ireland.

HBOS was formed in 2001 from the merger of Bank of Scotland and the Halifax Bank.

It has since become part of the Lloyds Banking Group, which is 43% owned by the taxpayer after the government was forced to bailout Lloyds following the merger with HBOS.

Recent reports suggest up to 80 jobs at the Gasworks site could be relocating. It follows news earlier this year that Lloyds is making 1,000 positions redundant throughout the UK.

Lloyds reported a £3.5bn loss for 2011, largely as a result of a £3.2bn charge it took in the first half of last year against the cost of compensating customers missold payment protection insurance.

Contact Us

24 Cromac Place

Belfast Gasworks

BT7 2JB

www.lloydsbankinggroup.com

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