29 February 2024
Lloyds bank plc FILES ANNUAL REPORT ON FORM
20-F
Lloyds Bank plc announces that on 29
February 2024 it filed its Annual Report on Form 20-F for the year
ended 31 December 2023 with the Securities and Exchange
Commission.
A copy of the Form 20-F is available
through the 'Investors' section of our website at
www.lloydsbankinggroup.com and also online at
www.sec.gov
Shareholders can receive hard copies
of the complete audited financial statements free of charge upon
request. Printed copies of the 2022 Lloyds Bank plc Annual Report
on Form 20-F can be requested from Investor Relations by email to
investor.relations@lloydsbanking.com
-END-
For further information:
Investor Relations
Douglas Radcliffe
+44 (0)20 7356 1571
Group Investor Relations
Director
douglas.radcliffe@lloydsbanking.com
Corporate Affairs
Matt Smith
+44 (0)20 7356 3522
Head of Media Relations
matt.smith@lloydsbanking.com
FORWARD LOOKING
STATEMENTS
This document contains certain
forward-looking statements within the meaning of Section 21E of the
US Securities Exchange Act of 1934, as amended, and section 27A of
the US Securities Act of 1933, as amended, with respect to the
business, strategy, plans and/or results of Lloyds Bank plc
together with its subsidiaries (the Lloyds Bank Group) and its
current goals and expectations. Statements that are not historical
or current facts, including statements about the Lloyds Bank
Group's or its directors' and/or management's beliefs and
expectations, are forward-looking statements. Words such as,
without limitation, 'believes', 'achieves', 'anticipates',
'estimates', 'expects', 'targets', 'should', 'intends', 'aims',
'projects', 'plans', 'potential', 'will', 'would', 'could',
'considered', 'likely', 'may', 'seek', 'estimate', 'probability',
'goal', 'objective', 'deliver', 'endeavour', 'prospects',
'optimistic' and similar expressions or variations on these
expressions are intended to identify forward-looking statements.
These statements concern or may affect future matters, including
but not limited to: projections or expectations of the Lloyds Bank
Group's future financial position, including profit attributable to
shareholders, provisions, economic profit, dividends, capital
structure, portfolios, net interest margin, capital ratios,
liquidity, risk-weighted assets (RWAs), expenditures or any other
financial items or ratios; litigation, regulatory and governmental
investigations; the Lloyds Bank Group's future financial
performance; the level and extent of future impairments and
write-downs; the Lloyds Bank Group's ESG targets and/or
commitments; statements of plans, objectives or goals of the Lloyds
Bank Group or its management and other statements that are not
historical fact and statements of assumptions underlying such
statements. By their nature, forward-looking statements involve
risk and uncertainty because they relate to events and depend upon
circumstances that will or may occur in the future. Factors that
could cause actual business, strategy, targets, plans and/or
results (including but not limited to the payment of dividends) to
differ materially from forward-looking statements include, but are
not limited to: general economic and business conditions in the UK
and internationally; acts of hostility or terrorism and responses
to those acts, or other such events; geopolitical unpredictability;
the war between Russia and Ukraine; the conflicts in the Middle
East; the tensions between China and Taiwan; political instability
including as a result of any UK general election; market related
risks, trends and developments; changes in client and consumer
behaviour and demand; exposure to counterparty risk; the ability to
access sufficient sources of capital, liquidity and funding when
required; changes to the Lloyds Bank Group's or Lloyds Banking
Group plc's credit ratings; fluctuations in interest rates,
inflation, exchange rates, stock markets and currencies; volatility
in credit markets; volatility in the price of the Lloyds Bank
Group's securities; tightening of monetary policy in jurisdictions
in which the Lloyds Bank Group operates; natural pandemic and other
disasters; risks concerning borrower and counterparty credit
quality; longevity risks affecting defined benefit pension schemes;
changes in laws, regulations, practices and accounting standards or
taxation; changes to regulatory capital or liquidity requirements
and similar contingencies; the policies and actions of governmental
or regulatory authorities or courts together with any resulting
impact on the future structure of the Lloyds Bank Group; risks
associated with the Lloyds Bank Group's compliance with a wide
range of laws and regulations; assessment related to resolution
planning requirements; risks related to regulatory actions which
may be taken in the event of a bank or Lloyds Bank Group or Lloyds
Banking Group failure; exposure to legal, regulatory or competition
proceedings, investigations or complaints; failure to comply with
anti-money laundering, counter terrorist financing, anti-bribery
and sanctions regulations; failure to prevent or detect any illegal
or improper activities; operational risks including risks as a
result of the failure of third party suppliers; conduct risk;
technological changes and risks to the security of IT and
operational infrastructure, systems, data and information resulting
from increased threat of cyber and other attacks; technological
failure; inadequate or failed internal or external processes or
systems; risks relating to ESG matters, such as climate change (and
achieving climate change ambitions) and decarbonisation, including
the Lloyds Bank Group's or the Lloyds Banking Group's ability along
with the government and other stakeholders to measure, manage and
mitigate the impacts of climate change effectively, and human
rights issues; the impact of competitive conditions; failure to
attract, retain and develop high calibre talent; the ability to
achieve strategic objectives; the ability to derive cost savings
and other benefits including, but without limitation, as a result
of any acquisitions, disposals and other strategic transactions;
inability to capture accurately the expected value from
acquisitions; and assumptions and estimates that form the basis of
the Lloyds Bank Group's financial statements. A number of these
influences and factors are beyond the Lloyds Bank Group's control.
Please refer to the latest Annual Report on Form 20-F filed by
Lloyds Bank plc with the US Securities and Exchange Commission (the
SEC), which is available on the SEC's website at www.sec.gov, for a
discussion of certain factors and risks. Lloyds Bank plc may also
make or disclose written and/or oral forward-looking statements in
other written materials and in oral statements made by the
directors, officers or employees of Lloyds Bank plc to third
parties, including financial analysts. Except as required by any
applicable law or regulation, the forward-looking statements
contained in this document are made as of today's date, and the
Lloyds Bank Group expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements contained in this document whether as a result of new
information, future events or otherwise. The information,
statements and opinions contained in this document do not
constitute a public offer under any applicable law or an offer to
sell any securities or financial instruments or any advice or
recommendation with respect to such securities or financial
instruments.