27 February
2025
LLOYDS BANK PLC FILES ANNUAL
REPORT ON FORM 20-F
Lloyds Bank plc announces that on 27
February 2025 it filed its Annual Report on Form 20-F for the year
ended 31 December 2024 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 2024 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 (including in relation to tariffs); 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;
natural pandemic and other disasters; risks concerning borrower and
counterparty credit quality; 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.
