Decision details

To Appoint Lloyds Bank as the Council's Banking Services Provider

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Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The proposed approach enables the Council to secure the necessary banking services following the recent expiry of the previous banking services contract.

Decision:

To agree a term of 6 years (with the option to extend for a further 4 years) with Lloyds Bank Plc for the provision of the Council’s required corporate banking services.