Company: LLOBF
Filing Date: 2025-02-20
Form Type: 6-K
Source: 0001654954-25-001688
Chunk: 43

Company: Lloyds Banking Group plc
Filing Date: 2025-02-20
Form: 6-K
Chunk 43
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 domestic markets

● Sector, asset and product concentrations within the portfolios are closely monitored and controlled, with mitigating actions taken where appropriate. Sector and product risk appetite parameters help manage exposure to higher risk and cyclical sectors, segments and asset classes

● The Group's effective risk management seeks to ensure early identification and management of customers and counterparties who may be showing signs of distress

● The Group will continue to work closely with its customers to ensure that they receive the appropriate level of support, including but not restricted to embracing the standards outlined in the Mortgage Charter

CREDIT RISK (continued)

Impairment charge (credit) by division - statutory and underlying A basis

| Loans and                            
 advances to                          
 customers                            
 £m                                   |     | Loans and 
 advances  
 to banks  
 £m        |    |     |       Debt 
 securities 
         £m | Financial     
 assets at     
 fair value    
 through other 
 comprehensive 
 income        
 £m            |    |     | Other 
    £m |     |  Undrawn 
 balances 
       £m |     |   2024 
     £m |     |   2023 
     £m |
| Retail                               | 470 |           |  - |     |          - |               |  - |     |     - |     |      -13 |     |    457 |     |    831 |
| Commercial Banking                   |  37 |           | -7 |     |         -6 |               |  - |     |     - |     |      -38 |     |    -14 |     |   -511 |
| Insurance, Pensions and Investments  |   - |           |  - |     |          - |               |  - |     |    -9 |     |        - |     |     -9 |     |    -12 |
| Equity Investments and Central Items |   - |           |  - |     |          - |               | -3 |     |     - |     |        - |     |     -3 |     |     -5 |
| Total impairment charge (credit)     | 507 |           | -7 |     |         -6 |               | -3 |     |    -9 |     |      -51 |     |    431 |     |    303 |
| Insurance, Pensions and Investments  
 (underlying basis)A                  |   - |           |  - |     |          - |               |