20 March 2024
Lloyds bank CORPORATE MARKETS plc Annual Report and Accounts
for the year endED 31 December 2023
In accordance with Listing Rule
9.6.1, Lloyds Bank Corporate Markets plc announces that the
following document will be submitted today to the National Storage
Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the document is also
available through the 'Investors' section
of our website www.lloydsbankinggroup.com
This announcement is made in
accordance with DTR 6.3.5R(1A).
-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 Corporate
Markets plc together with its subsidiaries (the Group) and its
current goals and expectations. Statements that are not historical
or current facts, including statements about the 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 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 Group's future financial performance; the level
and extent of future impairments and write-downs; the Group's ESG
targets and/or commitments; statements of plans, objectives or
goals of the 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; exposure to counterparty risk; the
impact of any regulatory and/or legislative divergence between the
UK and EU as a result of the exit by the UK from the European Union
(EU) and the effects of the EU-UK Trade and Cooperation Agreement;
the ability to access sufficient sources of capital, liquidity and
funding when required; changes to the Group's credit ratings;
fluctuations in interest rates, inflation, exchange rates, stock
markets and currencies; volatility in credit markets; volatility in
the price of the Group's securities; tightening of monetary policy
in jurisdictions in which the Group operates; natural pandemic and
other disasters; risks concerning borrower and counterparty credit
quality; 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 Group; risks
associated with the 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 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 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; assumptions and estimates
that form the basis of the Group's financial statements; and
potential changes in dividend policy. A number of these influences
and factors are beyond the control of the Group or Lloyds Banking
Group plc. Please refer to the Base Prospectus for the Group's Euro
Medium-Term Note Programme and the latest Annual Report on Form
20-F filed by Lloyds Banking Group 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 Banking Group 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 Banking Group 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 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.