Sustainability
We have an important role to play in creating a more sustainable and inclusive future.
- Who we are
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Sustainability
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Climate and nature
Sustainability reportSustainability report 2025
Our report provides an update on how we are Helping Britain Prosper in a way that delivers long-term profit and returns.
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Our people
Our benefitsOur benefits
We put you first, so you can put our customers first.
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Charities and communities
Sustainability report
Sustainability report 2025
Our report provides an update on how we are Helping Britain Prosper in a way that delivers long-term profit and returns.
- Sustainability policies and information
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Climate and nature
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Investors
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Annual report
Annual report2025 annual report
Disclosures relating to our strategic, financial, operational, environmental and social performance.
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Investor news
Financial calendar Financial calendarFinancial calendar
See all the key dates in the financial year.
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Shareholder information
Our investment caseWhy invest in Lloyds Banking Group?
Higher, more sustainable returns as we continue to Help Britain Prosper.
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Annual report
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Careers
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Why join us?
Explore our officesWhere we are
With hubs across the UK, there's a place for you.
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Where we are
Explore our Leeds officeLeeds
We're searching for the best talent to join us in Leeds.
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Our teams
Search for jobsTech and data roles
Join us as we explore new ideas and technologies to reshape the world of finance.
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Brands
Our brandsOur brands
Working with us gives you access to some of the UK’s household brands.
- About applying
- Early careers
- Search jobs
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Why join us?
- Contact
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Purpose and strategy
Purpose and strategy collapsed
SustainabilitySustainability
We have an important role to play in creating a more sustainable and inclusive future.
-
Climate and nature
Climate and nature collapsed
Sustainability report
Sustainability report 2025
Our report provides an update on how we are Helping Britain Prosper in a way that delivers long-term profit and returns.
-
Our people
Our people collapsed
Our benefits
Our benefits
We put you first, so you can put our customers first.
-
Charities and communities
Charities and communities collapsed
Sustainability report
Sustainability report 2025
Our report provides an update on how we are Helping Britain Prosper in a way that delivers long-term profit and returns.
- Sustainability policies and information
-
Annual report
Annual report collapsed
Annual report
2025 annual report
Disclosures relating to our strategic, financial, operational, environmental and social performance.
-
Investor news
Investor news collapsed
Financial calendar Financial calendar
Financial calendar
See all the key dates in the financial year.
-
Shareholder information
Shareholder information collapsed
Our investment case
Why invest in Lloyds Banking Group?
Higher, more sustainable returns as we continue to Help Britain Prosper.
-
Why join us?
Why join us? collapsed
Explore our offices
Where we are
With hubs across the UK, there's a place for you.
-
Where we are
Where we are collapsed
Explore our Leeds office
Leeds
We're searching for the best talent to join us in Leeds.
-
Our teams
Our teams collapsed
Search for jobs
Tech and data roles
Join us as we explore new ideas and technologies to reshape the world of finance.
-
Brands
Brands collapsed
Our brands
Our brands
Working with us gives you access to some of the UK’s household brands.
- About applying
- Early careers
- Search jobs
Credit ratings
Current ratings and reports from S&P, Moody’s and Fitch across Lloyds Banking Group entities.
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Agency
Long term
Short term
Rating report
Agency
Standard & Poor's
Long term
A-
Short term
A-2
Rating report
Agency
Moody's
Long term
A3
Short term
P-2
Rating report
Agency
Fitch
Long term
A+
Short term
F1
Rating report
-
Agency
Long term
Short term
Rating report
Agency
Standard & Poor's
Long term
A+
Short term
A-1
Rating report
Agency
Moody's
Long term
A1
Short term
P-1
Rating report
Agency
Fitch
Long term
AA
Short term
F1+
Rating report
12 May 2026
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Agency
Long term
Short term
Rating report
Agency
Standard & Poor's
Long term
A
Short term
A-1
Rating report
Agency
Moody's
Long term
A1
Short term
P-1
Rating report
Agency
Fitch
Long term
AA
Short term
F1+
Rating report
12 May 2026
-
Agency
Long term
Short term
Agency
Standard & Poor's
Long term
A-
Short term
A-2
Agency
Moody's
Long term
A1
Short term
P-1
Agency
Fitch
Long term
AA
Short term
F1+
-
Agency
Long term
Short term
Agency
Standard & Poor's
Long term
A+
Short term
A-1
Agency
Moody's
Long term
A1
Short term
P-1
Agency
Fitch
Long term
AA
Short term
F1+
-
Agency
Long term
Short term
Rating report
Agency
Moody's
Long term
A2
Short term
P-1
Rating report
16 June 2026
Agency
Fitch
Long term
AA
Short term
F1+
Rating report
12 May 2026
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LBCM Wertpapierhandelsbank GmbH is Lloyds Banking Group’s (LBG) Frankfurt-based European Investment Firm (EIF) and a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc (LBCM), which heads up LBG’s non-ringfenced bank sub-group.
Agency
Long term
Short term
Rating report
Agency
Fitch
Long term
AA
Short term
F1+
Rating report
12 May 2026
Ratings definitions
Standard and Poor's
- An obligation rated 'AA' differs from the highest-rated obligations only to a small degree. The obligor's capacity to meet its financial commitments on the obligation is very strong
- An obligation rated 'A' is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher-rated categories, However, the obligor's capacity to meet its financial commitments on the obligation is still strong
- An obligation rated 'BBB' exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to weaken the obligor's capacity to meet its financial commitments on the obligation
- Ratings from 'AA' to 'BBB' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the rating categories
Moody's
- Aa Obligations rated Aa are judged to be of high quality and are subject to very low credit risk
- A Obligations rated A are judged to be upper-medium grade and are subject to low credit risk
- Baa Obligations rated Baa are judged to be medium-grade and subject to moderate credit risk and as such may possess certain speculative characteristics
- The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking; and the modifier 3 indicates a ranking in the lower end of that generic rating category
Fitch
- AA: Very high credit quality - ‘AA’ ratings denote expectations of very low default risk. They indicate very strong capacity for payment of financial commitments. This capacity is not significantly vulnerable to foreseeable events
- A: High credit quality - ‘A’ ratings denote expectations of low default risk. The capacity for payment of financial commitments is considered strong. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings
- BBB: Good credit quality - ‘BBB’ ratings indicate that expectations of default risk are currently low. The capacity for payment of financial commitments is considered adequate, but adverse business or economic conditions are more likely to impair this capacity
- The modifiers '+' or '-' may be appended to a rating to denote relative status within major rating categories