Lloyds Banking sees 2025 underlying NII GBP 13.5B

Based on current macroeconomic assumptions, for 2025 the Group expects: Underlying net interest income of c.GBP 13.5 billion; Operating costs of c.GBP 9.7 billion; Asset quality ratio of c.25 basis points; Return on tangible equity of c.13.5 per cent; Capital generation of c.175 basis points.