Finance
UK's Lloyds plans to boost lending to corporate clients, FT reports
Published by Global Banking and Finance Review
Posted on February 4, 2026
2 min readLast updated: February 4, 2026
Quick Summary
Lloyds Banking plans to boost lending to large corporate clients and expand financial services, as reported by the Financial Times.
UK's Lloyds plans to boost lending to corporate clients, FT reports
Lloyds Banking's Corporate Lending Strategy
Feb 4 (Reuters) - Britain's Lloyds Banking plans to increase its lending to big corporate clients and expand its offerings to financial institutions in a strategy update, the Financial Times reported on Wednesday, citing two people familiar with the matter.
Britain's biggest mortgage lender is looking to expand its corporate and institutional banking business, which will mean growing its U.S. office and other international outposts, while not looking to compete with U.S. banks, the FT said.
Reuters could not immediately verify the report. Lloyds, which had declined to comment to the FT, did not immediately respond to a Reuters request for comment outside business hours.
CEO's Upcoming Strategy Update
Lloyds CEO Charlie Nunn is expected to update investors on the next phase of the company's strategy in July. Last week, it reported a better-than-expected 12% rise in annual profit and upgraded its key performance target.
Focus Areas for Expansion
The FT on Wednesday also said that Lloyds will not make forays into capital-intensive banking, such as equities and fixed-income trading, but instead it will use debt, forex and rates as the main focus.
(Reporting by Pushkala Aripaka and Prerna Bedi in Bengaluru; Editing by Sonia Cheema)
Key Takeaways
- •Lloyds Banking plans to increase lending to large corporate clients.
- •The strategy includes expanding offerings to financial institutions.
- •The Financial Times reported the update citing unnamed sources.
- •Reuters could not verify the report immediately.
- •Lloyds did not comment outside business hours.
Frequently Asked Questions about UK's Lloyds plans to boost lending to corporate clients, FT reports
1What is corporate banking?
Corporate banking refers to the suite of financial services provided to corporations, including lending, treasury management, and investment services tailored to meet the needs of businesses.
2What is lending strategy?
Lending strategy is a financial institution's approach to providing loans, which includes determining the types of loans offered, interest rates, and risk assessment processes to manage lending portfolios.
3What are financial institutions?
Financial institutions are organizations that provide financial services, such as banks, credit unions, insurance companies, and investment firms, facilitating transactions and managing assets.
4What is business investment?
Business investment involves allocating resources, usually capital, into a business venture with the expectation of generating a return or profit over time.
5What is the UK economy?
The UK economy refers to the economic system of the United Kingdom, characterized by its mixed economy, which includes both private and public sectors, and is influenced by various factors including trade and investment.