Our strategy

Section heading: Grow

Progress in 2023

  • £29bn of sustainable finance lending from 2022 to 2023. 
  • £2.7bn of funding supported to social housing sector and £12bn+ funding to first time buyers in 2023. 
  • 3.9m savings accounts opened in 2023. 

 

Higher, more sustainable, returns and capital generation

Our strategic outcomes create value for our stakeholders and enhance the Group’s financial performance.

13%
return on tangible equity

£0.7bn
additional revenues from strategic initiatives

£9.3bn
operating costs

175bps
capital generation


See our latest annual report to read about our strategy in more depth. 
 

Annual report

How we're Helping Britain Prosper

 These are some of the ways that we're delivering on our purpose of Helping Britain Prosper.

 

Our impact

 

Sustainably managing the value we create for all our stakeholders ensures that we can reshape financial services and help Britain prosper for generations to come.


See our latest annual report to find out more about how we're Helping Britain Prosper. 
 

Annual report

 

Half year results 2024

Video | 3 mins

Charlie Nunn, Group Chief Executive and Jo Harris, CEO, Mass Affluent, reflect on our progress halfway through 2024, and how our strategy is delivering for customers and Helping Britain Prosper.

Watch video Video detailing Lloyds Banking Group Half year results (opens in new tab)

Related content

Championing social housing

Enabling people to find safe and sustainable homes is central to our purpose.

Social housing

Strategy downloads

Download our Group codes and policies, reports, presentations and strategy documents back to 2010. 

Downloads

Group overview

We're a leading UK-based financial services group. We provide a wide range of banking and financial services, focused primarily on retail and commercial customers.

About us