TITLE

RBS admits mis-selling loans to businesses

PUB. DATE
January 2015
SOURCE
Evening Standard;1/15/2015, p47
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
ROYAL Bank of Scotland today admitted mis-selling loans to business customers under a taxpayer-backed scheme. An internal review revealed it had not fully explained elements of the Enterprise Finance Guarantee scheme to customers. RBS loaned more than £900 million to 9000 firms under the scheme. It is unclear whether it will be fined.
ACCESSION #
100423828

 

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