Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Lloyds to shut invoice factoring unit by year's end, FT reports
    Finance

    Lloyds to Shut Invoice Factoring Unit by Year's End, Ft Reports

    Published by Global Banking & Finance Review®

    Posted on December 28, 2025

    1 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Lloyds to shut invoice factoring unit by year's end, FT reports - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:business servicesinvoice financefinancial servicescorporate bankingUK economy

    Quick Summary

    Lloyds Banking Group plans to shut its invoice factoring service by the end of the year, according to the Financial Times. The report cites two anonymous sources.

    Lloyds to End Invoice Factoring Service by Year's End

    (Corrects headline to cut redundant words)

    Dec 28 (Reuters) - Lloyds Banking Group, Britain's biggest mortgage lender, will close its invoice factoring service by the end of the year, the Financial Times reported on Sunday, citing two people familiar with the matter. 

    Reuters could not immediately verify the report. 

    (Reporting by Mihika Sharma in Bengaluru; Editing by William Mallard)

    Key Takeaways

    • •Lloyds Banking Group will close its invoice factoring unit.
    • •Closure expected by the end of the year.
    • •Financial Times reported the news citing insiders.
    • •Lloyds is Britain's biggest mortgage lender.
    • •Reuters has not independently verified the report.

    Frequently Asked Questions about Lloyds to shut invoice factoring unit by year's end, FT reports

    1What is corporate banking?

    Corporate banking refers to the suite of financial services that banks provide to corporations, including loans, credit, treasury management, and investment services.

    2What is the UK economy?

    The UK economy encompasses the economic activities, policies, and conditions in the United Kingdom, including sectors like services, manufacturing, and finance.

    More from Finance

    Explore more articles in the Finance category

    Image for Openreach taps Google AI to speed fibre rollout, cut emissions
    Openreach Taps Google AI to Speed Fibre Rollout, Cut Emissions
    Image for UK consumer sentiment falls as Iran war rages, KPMG says
    UK Consumer Sentiment Falls as Iran War Rages, Kpmg Says
    Image for US oil prices fall on prospect of Middle East ceasefire easing supply disruption
    US Oil Prices Fall on Prospect of Middle East Ceasefire Easing Supply Disruption
    Image for Lamborghinis stranded in Sri Lanka as war disrupts Asia's used-car trade 
    Lamborghinis Stranded in Sri Lanka as War Disrupts Asia's Used-Car Trade 
    Image for Britain pilots social media bans, time limits and curfews for children
    Britain Pilots Social Media Bans, Time Limits and Curfews for Children
    Image for UK's Starmer, Saudi crown prince discussed ongoing Middle East conflict, Downing Street says
    UK's Starmer, Saudi Crown Prince Discussed Ongoing Middle East Conflict, Downing Street Says
    Image for Grifols approves IPO of its US biopharma business
    Grifols Approves IPO of Its US Biopharma Business
    Image for Moldovan parliament backs energy state of emergency after power line knocked out of service
    Moldovan Parliament Backs Energy State of Emergency After Power Line Knocked Out of Service
    Image for Iran says 'non-hostile' ships can transit Strait of Hormuz, FT reports
    Iran Says 'non-Hostile' Ships Can Transit Strait of Hormuz, Ft Reports
    Image for French tycoon Bolloré denies political war against public broadcaster
    French Tycoon Bolloré Denies Political War Against Public Broadcaster
    Image for Arm unveils new AI chip, expects it to add billions in annual revenue
    Arm Unveils New AI Chip, Expects It to Add Billions in Annual Revenue
    Image for Italian lender MPS board identifies Palermo as sole CEO candidate
    Italian Lender Mps Board Identifies Palermo as Sole CEO Candidate
    View All Finance Posts
    Previous Finance PostUK and Germany Sign $70 Million Joint Deal for Mobile Artillery Systems
    Next Finance PostWeak Turnout Seen in Myanmar's Phased Election, First Since 2021 Coup