First Data Resources Ltd., the European subsidiary of First Data Corp., said it has signed a long-term extension of its six-year-old processing relationship with Lloyds Bank PLC of London.

The Lloyds unit of Lloyds TSB Group has been relying on the First Data subsidiary, known as FDRL, for cardholder processing, merchant-acquirer processing, and debit-acquiring through the Switch network. Gerald Hawkins, managing director of Lloyds TSB Group card services, said the merger of Lloyds Bank with TSB Group, formerly the Trustee Savings Banks, required a careful conversion that FDRL is uniquely qualified for. TSB had done its processing in-house.

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