Blueprint
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
10
March 2017
LLOYDS BANKING GROUP
plc
(Translation of registrant's name into
English)
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule
12g3-2(b):
82- ________
Index
to Exhibits
Item
No.
1 Regulatory News Service Announcement, dated 10 March
2017
re: 2016
Annual Report on Form 20-F
10 March 2017
LLOYDS BANKING GROUP FILES ANNUAL REPORT ON FORM 20-F
Lloyds
Banking Group announces that on 10 March 2017 it filed its Annual
Report on Form 20-F for the year ended 31 December 2016 with the
Securities and Exchange Commission.
It
should be noted that the financial results for 2016 incorporated in
the 20-F vary to the UK accounts issued on 22 February 2017 as they
include an additional £350 million PPI provision following the
release of the revised PPI policy statement by the FCA on 2 March
2017. The additional provision has been taken to reflect the
estimated impact of the policy statement including the revised
arrangements for Plevin cases, which includes a requirement to
proactively contact customers who have previously had their
complaints defended, and which is likely to increase estimated
volumes and redress. The policy statement also confirmed a two
month extension to the time bar to the end of August
2019.
This
increased provision will be reflected in the Group's first quarter
results to be announced on 27 April 2017 and has no impact on
guidance.
A copy
of the 20-F report is available through the 'Investors &
Performance' section of our website at www.lloydsbankinggroup.com
and also online at www.sec.gov
Shareholders
can receive hard copies of the complete audited financial
statements free of charge upon request. Printed copies of the 2016
Annual Report on Form 20-F can be requested from Investor Relations
by email to
investor.relations@finance.lloydsbanking.com
-END-
For
further information:
Investor Relations
Douglas
Radcliffe
+44 (0)20 7356 1571
Group
Investor Relations Director
Email:
douglas.radcliffe@finance.lloydsbanking.com
Corporate Affairs
Matt
Smith
+44
(0)20 7356 3522
Head of
Corporate Media
Email:
matt.smith@lloydsbanking.com
FORWARD LOOKING STATEMENTS
This
Annual Report contains certain forward looking statements with
respect to the business, strategy and plans of Lloyds Banking Group
and its current goals and expectations relating to its future
financial condition and performance. Statements that are not
historical facts, including statements about Lloyds Banking Group's
or its directors' and/or management's beliefs and expectations, are
forward looking statements. Words such as 'believes',
'anticipates', 'estimates', 'expects', 'intends', 'aims',
'potential', 'will', 'would', 'could', 'considered', 'likely',
'estimate' and variations of these words and similar future or
conditional expressions are intended to identify forward looking
statements but are not the exclusive means of identifying such
statements. By their nature, forward looking statements involve
risk and uncertainty because they relate to events and depend upon
circumstances that will or may occur in the future.
Examples
of such forward looking statements include, but are not limited to:
projections or expectations of the Group's future financial
position including profit attributable to shareholders, provisions,
economic profit, dividends, capital structure, portfolios, net
interest margin, capital ratios, liquidity, risk-weighted assets
(RWAs), expenditures or any other financial items or ratios;
litigation, regulatory and governmental investigations; the Group's
future financial performance; the level and extent of future
impairments and write-downs; statements of plans, objectives or
goals of LloydsBanking Group or its management including in respect
of statements about the future business and economic environments
in the UK and elsewhere including, but not limited to, future
trends in interest rates, foreign exchange rates, credit and equity
market levels and demographic developments; statements about
competition, regulation, disposals and consolidation or
technological developments in the financial services industry; and
statements of assumptions underlying such statements.
Factors
that could cause actual business, strategy, plans and/or results
(including but not limited to the payment of dividends) to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward looking statements made by the
Group or on its behalf include, but are not limited to: general
economic and business conditions in the UK and internationally;
market related trends and developments; fluctuations in interest
rates (including low or negative rates), exchange rates, stock
markets and currencies; the ability to access sufficient sources of
capital, liquidity and funding when required; changes to the
Group's credit ratings; the ability to derive cost savings and
other benefits including, but without limitation as a result of any
acquisitions, disposals and other strategic transactions; changing
customer behaviour including consumer spending, saving and
borrowing habits; changes to borrower or counterparty credit
quality; instability in the global financial markets, including
Eurozone instability, the exit by the UK from the European Union
(EU) and the potential for one or more other countries to exit the
EU or the Eurozone and the impact of any sovereign credit rating
downgrade or other sovereign financial issues; technological
changes and risks to cyber security; natural, pandemic and other
disasters, adverse weather and similar contingencies outside the
Group's control; inadequate or failed internal or external
processes or systems; acts of war, other acts of hostility,
terrorist acts and responses to those acts, geopolitical, pandemic
or other such events; changes in laws, regulations, accounting
standards or taxation, including as a result of the exit by the UK
from the EU, or a further possible referendum on Scottish
independence; changes to regulatory capital or liquidity
requirements and similar contingencies outside the Group's control;
the policies, decisions and actions of governmental or regulatory
authorities or courts in the UK, the EU, the United States or
elsewhere including the implementation and interpretation of key
legislation and regulation; the ability to attract and retain
senior management and other employees; requirements or limitations
on the Group as a result of HM Treasury's investment in the Group;
actions or omissions by the Group's directors, management or
employees including industrial action; changes to the Group's
post-retirement defined benefit scheme obligations; the extent of
any future impairment charges or write-downs caused by, but not
limited to, depressed asset valuations, market disruptions and
illiquid markets; the value and effectiveness of any credit
protection purchased by the Group; the inability to hedge certain
risks economically; the adequacy of loss reserves; the actions of
competitors, including nonbank financial services, lending
companies and digital innovators and disruptive technologies; and
exposure to regulatory or competition scrutiny, legal, regulatory
or competition proceedings, investigations or complaints. Please
refer to the latest Annual Report on Form 20-F filed with the US
Securities and Exchange Commission for a discussion of certain
factors together with examples of forward looking
statements.
Lloyds
Banking Group may also make or disclose written and/or oral forward
looking statements in reports filed with or furnished to the US
Securities and Exchange Commission, Lloyds Banking Group annual
reviews, half-year announcements, proxy statements, offering
circulars, prospectuses, press releases and other written materials
and in oral statements made by the directors, officers or employees
of Lloyds Banking Group to third parties, including financial
analysts. Except as required by any applicable law or regulation,
the forward looking statements contained in this Annual Report are
made as of the date hereof, and Lloyds Banking Group expressly
disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward looking statements contained in
this Annual Report to reflect any change in Lloyds Banking Group's
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is
based.
The
information, statements and opinions contained in this Annual
Report do not constitute a public offer under any applicable law or
an offer to sell any securities or financial instruments or any
advice or recommendation with respect to such securities or
financial instruments.
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
LLOYDS
BANKING GROUP plc
(Registrant)
By: Douglas
Radcliffe
Name: Douglas
Radcliffe
Title: Group
Investor Relations Director
Date: 10
March 2017