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RBS to wind down £1 Billion worth of LOBO loans

byNStoopWRM inWarwick Risk Management posted on23/03/2019
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RBS to wind down £1 Billion worth of LOBO loans

Royal Bank of Scotland is aiming to wind down the remainder of about £1bn in controversial bank loans held by local authorities across the country, after criticisms that high payments have diverted cash from council services. (The Guardian)

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