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Financial Services in the UK

Lloyds Bank Logo
Lloyds Bank (part of LBG) overall Effort Score
Black Star 1

67

VS

Black Star 2

65

last Quarter

Sector Effort Score benchmark
Black Star 3

63

VS

Black Star 4

60

last Quarter

Brand analysis

Lloyds remains in third in the Financial Services in the UK table for the third consecutive quarter and has added +2 to its Overall Effort Score.

Digging into the pillars, the brand has increased three of the four pillars wave on wave with ‘Speed of Resolving Problems’ and ‘Valuing the Customer’ adding +2 and ‘Style of Communication’ adding +1.

‘Knowledge & Expertise’ has remained flat this wave and is therefore the one we’d advise the brand to watch. Ensuring details are explained to customers is a great way to improve the score next time.

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Style of Communication
70

vs

69

last quarter

55% say the politeness of their customer service agents is 'excellent'

53% rate the ability to communicate with them in their chosen language (other than English) as ‘excellent’

 
Knowledge & Expertise
65

vs

65

last quarter

50% rate the expertise of the customer service agent as 'excellent'

49% say the way details were clearly explained to them was 'excellent'

52% rate how well the customer service agent understood their particular problem or question as 'excellent'

 
Undertanding & Valuing the Customer
69

vs

67

last quarter

46% rate this brand as 'excellent' for how they made them feel valued/important as a customer

49% say the way they understood their needs was 'excellent'

65% say they were 'very satisfied' with the outcome of their communication or contact

 
Speed Solving the Problem
65

vs

63

last quarter

46% rate how easy it was to find the information they wanted on the website/app as 'excellent'

49% rate how they were able to achieve what they set out to do, or resolve their issue, with the first agent they contacted as "excellent"

58% say they made it ‘very easy’ to achieve what they set out to do