£11.8 billion (Lloyds Banking Group)
Halifax is a banking chain in the United Kingdom and a division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. It is the UK’s largest provider of residential mortgages and savings accounts.
In 1997 it became Halifax plc, a public limited company which was a constituent of the FTSE 100 Index. In 2001 Halifax plc merged with The Governor and Company of the Bank of Scotland, forming HBOS. In 2006, the HBOS Group Reorganisation Act 2006 legally transferred the assets and liabilities of the Halifax chain to Bank of Scotland which became a standard plc, on 19 January 2009 Bank of Scotland, including Halifax, formally became part of Lloyds Banking Group
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