Investment In UK Bank Recommended
An industry expert has suggested that Lloyds TSB is an excellent investment right now, even though the banking sector as a whole is going through a very tough time.
It is the approach employed by Lloyds TSB that has impressed the investment analyst making this recommendation, especially when compared with many other competitors. The bank has taken a cautious approach to mortgage lending and securities that has seen it escape the worst of the losses faced by other banks and left it in a very strong position compared with the rest of the market.
Lloyds TSB has been recommended as a buy all week and the share price is sure to increase on the back of this, though even if it has it still presents an excellent long term opportunity that should not be dismissed lightly.