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PRESS: RBS To Sell Greek Shipping Loan Business - Reuters

11th Jul 2015 15:37

LONDON (Alliance News) - Royal Bank of Scotland Group PLC is winding down its Greek operation and is looking to sell its USD5 billion shipping loans portfolio, Reuters reported on Saturday.

Citing finance sources familiar with the plans, Reuters said the move was part of the UK state-backed bank's efforts to shrink its international business.

http://uk.reuters.com/article/2015/07/10/uk-greece-rbs-shipping-exclusive-idUKKCN0PK29Z20150710

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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