How we're supporting British businesses to grow and prosper.
Green/ESG-related financing in 2022
CBILS and BBLS provided to help our clients through the impact of COVID-19 to date
In recognition that 2022 was a challenging year, we have ensured our business customers had the necessary tools, insight and guidance to navigate the economic environment.
Businesses had access to our regular economic updates and insight, helping them to understand changing business sentiment. We also provided over 1 million emails to businesses with advice and guidance.
businesses supported via Government lending schemes, the Recovery Loan Scheme and our own support schemes
small businesses and charities helped with new banking in 2022
of new funding in the social housing sector over the past five years, of which £3.4 billion is new ESG-linked financing
Our support across different sectors
The Healthcare sector has shown continued resilience and strength in 2022. We have seen continued growth in the GP sector with greater interest in new purpose-built premises and practice developments.
In 2022, we have supported the sector with £350 million of funding, an increase on 2021, and remain committed to support the sector in 2023.
We have extended our £1 million a year sponsorship, taking our commitment to £15 million through to 2030, of the Lloyds Bank Advanced Manufacturing Training Centre at the Manufacturing Technology Centre (MTC) in the Midlands to. This will support the training and upskilling of graduates, apprentices and engineers in the sector, supporting the biggest issue manufacturers tell us they face into: skills shortage.
Through our sponsorship we have now supported the training & upskilling more than 3,000 apprentices, graduates & engineers with more than 600 in the final quarter of 2022 alone and remain on track to support in excess of 5,000 by 2030.
Infrastructure and lending
In 2022, we supported more than 25 infrastructure initiatives across the UK, with a cumulative project value in excess of £35 billion, including supporting the acquisition financing for a 50% stake in the world’s largest operational offshore wind farm, the 1,386MW Hornsea Two offshore project located in the North Sea.
In addition, we notably supported the financings of two major new UK-linked interconnectors, Greenlink and NeuConnect, and supported InstaVolt as a lender as they raised debt financing to continue building a nationwide network of rapid EV chargers.
Business Banking Financial Assistance Team (BBFA)
News and insight
Where are SMEs on their journeys to Net Zero?
Find out where SMEs are on their sustainability journeys, where they're looking for support, and what help and resources we have to offer.