, the U.K.'s biggest mortgage company, had a pretax operating loss in 2009 of 6.3 billion pounds ($9.61 billion) as impairments rose 61% to 24 billion pounds.
Lloyds, however, said impairments declined 21% in the second half of the year from the first half, and it expects to see "a similar pace of half yearly improvement throughout 2010."
Lloyds reported a 2008 pretax loss of 6.7 billion pounds.
Lloyds is 41%-owned by the U.K. government.
Royal Bank of Scotland
, which is 84%-owned by the U.K.,
to 3.6 billion pounds.
-- Reported by Joseph Woelfel in New York.
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