RBS marks 50% of property loans as 'non-core'

By A staff reporter 2011-02-24T00:00:00

Royal Bank of Scotland (RBS) has designated 52% of its £87 bn (EUR 102 bn) commercial real estate lending portfolio as 'non-core' which is earmarked for repayment or sale by 2014. The financier reduced its overall loan book by about 11% last year from £98 bn (EUR 115 bn) in ...

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