- Eleventh consecutive win for Lloyds Bank at the annual FDs’ Excellence Awards
- Accolade in recognition of the Bank’s continued support for UK businesses
- Votes from over 1500 Finance Directors across the UK
Lloyds Bank Commercial Banking, the division of Lloyds Banking Group that supports British businesses, has been named “Best Business Bank of the Year” for the eleventh year running at the prestigious FDs’ Excellence Awards, supported by the CBI and the Institute of Chartered Accountants in England & Wales (ICAEW).
The votes were cast by more than 1500 FDs of the UK’s leading mid-sized companies, who were independently canvassed about the services and support they received from their banks.
Tim Hinton, Managing Director, Mid Markets and SME Banking, Lloyds Banking Group said: “We are delighted to have won the Business Bank of the Year award for the 11th consecutive year. This is a strong endorsement from clients and Finance Directors across the country of the work Lloyds Banking Group is doing to support the UK economy and the millions of businesses that are the driving force of its growth.”
The award follows a number of recent successes for Lloyds Banking Group in its support for UK businesses:
- Continuing to grow our lending to UK SMEs, by 4% net, at a time when the market is in decline, and a pledge to grow net lending by £1 billion a year until 2017.
- In our 2015 SME Charter we have pledged to help 1,000 UK start ups push through the £1 million turnover barrier within three years.
- In our Helping Britain Prosper Plan we announced a series of targets to help UK businesses start up, scale up and trade internationally.
Tim Hinton continued: ““As the economy continues to improve, companies of all sizes need to ensure that they are ready to seize opportunities for growth. Through our continued increases in lending and other finance solutions and our wider support for start ups and exporters, we are backing our clients’ ambitions and this award demonstrates that they have confidence in the help we are providing.”