Lloyds Banking Group Plc · LSE:LLOY
Lloyds Banking — Lloyds Bank Corporate Markets — Debt Investor Presentation (July 2019)
18 slides from Lloyds Banking's debt investor presentation, July 2019
Slide 1: Lloyds Bank Corporate Markets
LLOYDS BANK CORPORATE MARKETS JULY 2019
Slide 2: Structure
LLOYDS Structure
Slide 3: Simple group structure with multiple issuance points
Simple group structure with multiple issuance points HoldCo Main Entities Lloyds Banking Group Ratings(1) A3 / BBB+ / A+ P-2 / A-2 / F1 Example Products Senior Unsecured - Capital Ring-Fenced Sub-Group Non-Ring-Fenced Sub-Group Insurance Sub-Group Equity Investments Sub-Group Lloyds Bank, Bank of Sc
Slide 4: LBCM structure reflects its non-EEA businesses
LBCM structure reflects its non-EEA businesses Non-Ring-Fenced Sub-Group Lloyds Bank Corporate Markets A1 / A / A P-1 / A-1 / F1 Senior Unsecured CD, Yankee CD, CP L&A: £23bn Assets: £78bn US Branch LBCM Wertpapierhandelsbank Singapore Branch Lloyds Bank International Ltd Jersey Branch Lloyds Securi
Slide 5: LBCM
LLOYDS
Slide 6: LBCM facilitates the continued provision of products and services to Group clients
LBCM facilitates the continued provision of products and services to Group clients Businesses Example Products • Fixed rate loans • Variable loans Commercial Lending • Revolving credit • Business • Lloyds Bank Corporate Markets (“LBCM”) facilities Mortgages operates as the non ring-fenced subsidiary
Slide 7: Stable balance sheet & revenue profile with strong capital & liquidity
Stable balance sheet & revenue profile with strong capital & liquidity Balance Sheet 1 Key Metrics1 • Conservative initial approach to £78bn RWAs £19.9bn Other liquidity; Strong LCR Other 8 2 CET1 Ratio 13.7% 15 Derivatives Tier 1 Ratio 17.5% • Prudent approach to lending means Derivatives 16 impair
Slide 8: Simple, high-quality asset base
Simple, high-quality asset base Loans & Advances (ex. Rev. Repo) £19bn Assets • Well diversified balance sheet; clear Financials £78bn 1% focus on providing core 4% Manufacturing 14% 3% Other 8 distribution & financing solutions Lending to 6% Customers 8% Property Companies to clients Mortgages Deri
Slide 9: Strong liability base underpinned by customer deposits
Strong liability base underpinned by customer deposits Deposits Derivatives £30bn £15bn Liabilities • Commercial and non-EEA £78bn Deposits from Customers Interest Rate 2 Other (mainly Crown Dependency) 11% deposit base 30% 15 Derivatives Deposits from Exchange Banks Rate • Derivatives business prov
Slide 10: Strong capital position and well advanced towards internal MREL
Strong capital position and well advanced towards internal MREL • Strong FY18 CET1 of 13.7%. All 1 Jan 2019 CET1 Capital & FY18 Total Capital capital downstreamed from Requirements1 Group 13.7%2 20.9% 3.4% • No systemic risk buffer as only Mgmt Buffer applies to ring-fenced entities 0.5% 3.8% • CCB
Slide 11: Appendix
Appendix , | i
Slide 12: FY 2018 | Legal entity balance sheet analysis
FY 2018 | Legal entity balance sheet analysis Lloyds Bank Corporate Markets Plc Lloyds Bank Plc (RFB) (NRFB) £593bn £593bn £78bn £78bn Other Other 30 2 51 Derivatives Other Derivatives 11 Other 8 11 18 Financial RWAs £174.4bn RWAs £19.9bn Financial 23 Liabilities 15 Derivatives Assets CET1 Ratio 14.
Slide 13: Good progress on Group 2019 funding plan, building on a successful 2018
Good progress on Group 2019 funding plan, building on a successful 2018 2018 Funding by Product Funding Portfolio by Maturity (at Q1 19) £bn 9 8 < 1 Year (MM) (2) • £21.4bn raised during 2018, inclusive 7 23% 6 32% < 1 Year of pre-funding for 2019 5 12mth < 2 yrs £124bn 4 8% 2yrs - 5yrs • £2.8bn equ
Slide 14: Experienced senior leadership team
EXPERIENCED SENIOR LEADERSHIP TEAM • A wealth of experience from across Chairman Chief Executive Officer the Commercial Banking business within Lloyds Banking Group Lord Lupton, CBE Mark Grant • Operate independent risk Investment Banking CEO CB North America governance forums with executive LBG Non
Slide 15: Notes
Notes LLOYDS 15
Slide 16: Debt Investor Relations Contacts
Debt Investor Relations Contacts Website: www.lloydsbankinggroup.com/investors/fixed-income-investors INVESTOR RELATIONS LONDON Douglas Radcliffe Edward Sands Nora Thoden Group Investor Relations Director Director, Investor Relations Director, Investor Relations +44 (0)20 7356 1571 +44 (0)20 7356 15
Slide 17: Forward looking statements
Forward looking statements Forward looking statements This document contains certain forward looking statements with respect to the business, strategy, plans and/or results of the Group and its current goals and expectations relating to its future financial condition and performance. Statements that
Slide 18: LLoyDs
LLoyDs
Lloyds Bank Corporate Markets — Debt Investor Presentation (July 2019) on 6ix