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Lloyds Chairman: Hopes To Start Paying Dividends In 2012

LONDON -(Dow Jones)- Lloyds Banking Group PLC (LYG) hopes to start paying dividends as soon as a European Union ban on the payments is lifted in 2012, Chairman Win Bischoff said Thursday. He told Dow Jones Newswires the bank will look to make the payments as soon as it can. The EU called a halt to any dividends for two years as a condition of approving Lloyds' GBP17 billion government bail-out. Bischoff's comments were made after shareholders earlier Thursday approved a GBP22.5 billion recapitalization that will allow the bank to avoid taking further state support. Company Web site: --By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295,

Stock News for Lloyds Tsb (LYG)
11/27/201509:30:00Stress Test Pressure May See U.K. Banks Cut Dividends
11/27/201507:51:00Lloyds Banking Group Appoints Two New Non-Executive Directors
11/27/201506:36:31Report of Foreign Issuer (6-k)
11/24/201506:02:15Report of Foreign Issuer (6-k)
11/23/201510:06:01Report of Foreign Issuer (6-k)
11/19/201509:10:00U.K. Regulators Heap More Criticism on HBOS Bosses
11/12/201507:46:26Report of Foreign Issuer (6-k)
11/09/201508:30:56Report of Foreign Issuer (6-k)
11/02/201508:54:30Report of Foreign Issuer (6-k)
10/30/201509:14:03Report of Foreign Issuer (6-k)
10/29/201514:55:38Amended Statement of Beneficial Ownership (sc 13d/a)
10/29/201508:48:46Report of Foreign Issuer (6-k)
10/29/201506:45:42Form 13f Holdings Report (13f-hr)
10/29/201503:50:00Lloyds Banking Group: UK Government Cuts Stake to 9.89%
10/28/201513:49:46Report of Foreign Issuer (6-k)
10/28/201513:44:16Report of Foreign Issuer (6-k)
10/28/201508:56:34Report of Foreign Issuer (6-k)
10/28/201505:23:00Lloyds Takes Fresh PPI Charge -- Update
10/28/201504:50:00Lloyds Takes Fresh PPI Charge
10/28/201504:13:00Lloyds Takes Fresh PPI Charge as Net Profit Stays Flat

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