Many economists have claimed that international bank, Lloyds has adopted clever strategies for its recent operations, whereas some of them believe that the bank is heavily exposed to the bad economic situation. The bank experienced a loss of £3.47bn in the first quarter and its shares also fell on the stock exchange.

The bank’s £3.2bn provision for compensating customers who were wrongly sold payment protection insurance has faced many controversies. The figure was higher than the expectations of analysts. At present the Lloyds is UK’s fifth major bank.

New Chief Executive of Lloyds, António Horta-Osório said that the bank is operating as good corporate citizen. He disclosed that the bank has promised a significant value for shareholders over the medium term. All these strategies of the bank are considered as witty by the economists who believe that the bank is keeping its shares low, providing its customers with more value, as a part of its strategy to strengthen its market position.

Meanwhile, a recent report prepared by the Independent Commission on Banking has advised the Lloyds to sell many more than the 600 branches.