EQS-News

Lloyds Banking Group PLC: 2023 Half-Year Results

EQS-News: Lloyds Banking Group PLC / Key word(s): Half Year Results Lloyds Banking Group PLC: 2023 Half-Year Results 26.07.2023 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. Lloyds Banking Group plc

2023 Half-Year Results

26 July 2023

 

RESULTS FOR THE HALF-YEAR

"We know that rising interest rates, cost of living pressures and an uncertain economic outlook are proving challenging for many people and businesses. Guided by our purpose of Helping Britain Prosper, we remain fully focused on proactively supporting our customers and helping them navigate the current environment.

The Group delivered a robust financial performance in the first half of 2023 with strong net income and capital generation alongside resilient asset quality.

We continue to make good progress on delivering our strategic initiatives. Combined with our franchise resilience, this better positions us to support our customers, both today and in the future."

 Charlie Nunn,

Group Chief Executive

Fully focused on proactively supporting customers

• Proactively contacting customers to offer cost of living support, including more than 200,000 mortgage customers, alongside committing to the Government's Mortgage Charter
• Contact with more than 550,000 business customers to offer guidance on building financial resilience
• Supporting customers to develop financial resilience; contacted over 10 million customers about savings options, with 1.9 million new savings accounts opened in the first half in response to the Group's higher rates and enhanced offering

Robust financial performance and consistent delivery supporting higher interim dividend