Group Commitment to lending

The latest Lloyds Banking Group annual results show that the Group is continuing to provide substantial lending to homeowners and business customers and playing a very active part in the UK's economic recovery.

Lloyds Banking Group have delivered approximately £70 billion in new lending, helping many households and businesses. 
We are involved in all Government schemes that encourage lending and provide help for customers in financial difficulty. We participate in all of the household-related schemes and the eight programmes helping small businesses.
 
Helping business

The Lloyds Banking Group Wholesale division has committed approximately £35 billion of gross lending to the Corporate and Small and Medium Enterprises (SME) sector during 2009.

Our strategy is aimed at helping customers ‘through-the–cycle’. We have expanded our specialist Business Support Unit which provides advice and guidance to firms adversely affected by the recession.

Our business charters set out our commitments to customers. Our latest charter aims to encourage enterprise and help 300,000 new business start ups by 2012.
 
Helping homeowners

The Lloyds Banking Group Retail division provides one in four residential mortgages, making it the leading UK mortgage lender.
We have maintained strong levels of new gross mortgage lending. Our gross mortgage lending was £35 billion – a share of 24%. 

More than 60% of new lending was for house purchase rather than remortgage. We continue to develop innovative products especially those aimed at helping first time buyers get on the property ladder.