Lloyds Bank plc Credit Rating
Lloyds Bank plc holds a blended long-term credit rating of AA- — the "High Grade" band, which is investment grade. That figure combines the latest long-term issuer ratings from S&P, Moody's, Fitch onto a single comparable scale, and indicates a strong capacity to meet its financial commitments. Lloyds Bank plc is owned by Lloyds Banking Group (public). A credit rating measures an institution's ability to meet its financial obligations — it is an opinion, not a guarantee, and it is separate from deposit protection.
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Frequently asked questions about Lloyds Bank plc
Is Lloyds Bank plc safe?
Lloyds Bank plc currently holds a blended long-term credit rating of AA-, which is investment grade and indicates a strong capacity to meet its financial commitments. A credit rating is an independent opinion on an institution's ability to meet its financial obligations; it is not a guarantee and can change. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per eligible person, per banking licence. Where several brands share a single banking licence, that £85,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is Lloyds Bank plc's credit rating?
Lloyds Bank plc has a blended long-term credit rating of AA-. This blends the most recent long-term issuer ratings from S&P, Moody's, Fitch, mapped onto a common scale so ratings expressed in different agencies' notation can be compared directly.
Is Lloyds Bank plc covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per eligible person, per banking licence. Where several brands share a single banking licence, that £85,000 limit is shared across those brands rather than applying to each one separately. Lloyds Bank plc is recorded with FCA reference 119278. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns Lloyds Bank plc?
Lloyds Bank plc is owned by Lloyds Banking Group (public). Ownership matters for credit ratings because agencies often factor in the likelihood of support from a parent group, and because brands under the same banking licence share a single FSCS limit.
What does a AA- credit rating mean?
AA- sits in the "High Grade" band, indicating a strong capacity to meet its financial commitments. Ratings of BBB- (or Baa3 on Moody's scale) and above are considered investment grade; anything below that is regarded as speculative, sometimes called "high yield". Ratings are reviewed periodically and can be upgraded or downgraded.
When did Lloyds Bank plc's credit rating last change?
Lloyds Bank plc's blended rating has stood at AA- since 9 July 2026, the most recent change in our records. Ratings are re-checked automatically and this page updates when an agency revises its assessment.