Lloyds Banking Group said on Monday it would keep its 1.2 billion pound ($1.6 billion) provision for motor finance claims under review, after a Supreme Court ruling last week went largely in favour of banks but still left them facing millions of potential compensation claims.

In a partial win for lenders, the court rules they're not liable for hidden commission payments in car finance schemes.

Shares of UK lenders including Lloyds Banking Group Plc, Close Brothers Group Plc and Barclays Plc jumped on Monday after the industry won a major reprieve in a pivotal UK car finance case before the country’s top court.