Lloyds Bank has a long history with the manufacturing sector and continues to be committed to support UK manufacturers, from Small & Medium Enterprises (SMEs) to listed Tier 1 (Original Equipment Manufacturers) OEM’s.
We continue to invest and develop partnerships in the sector, including our multi-million pound sponsorship of the Manufacturing Technology Centre (MTC). Since 2014, our partnership with the MTC has helped to train thousands of graduates, apprentices and engineers and supported hundreds of SMEs to access productivity and sustainability support. The partnership continues to evolve as we support on emerging challenges such as the journey to Net Zero, ongoing skills shortages in the sector and looking at the future of manufacturing with digital and technology adoption. Our sector expertise and strong product offering means that we bank 1 in 5 SME manufacturers in the UK and continue to support thousands of manufacturers to adapt and grow during challenging times.
Our commitment and team support spans across the manufacturing supply chain to the largest listed OEM’s, supported by a highly experienced Environmental, Social and Governance (ESG) team for the sector. Our manufacturing sector and ESG teams support businesses across the UK, providing insights and learnings to clients to inform their green strategies. The team combines deep experience in structuring sustainable finance products across many sectors with expertise and insights to help clients make the right decisions for their firms and the environment. In 2022, the Group provided £7.9 billion of green funding and sustainability linked finance to corporate and institutional customers.
For further insights on support for small to mid-corporate businesses see here.
For more information about Lloyds support and sustainability see here.
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