Lloyds Banking Group, Britain’s biggest mortgage lender, said its Irish loan impairment charge halved to £897 million (€1.15 billion) in the first six months compared to the year-earlier period.
“The rate of increase in newly impaired loans in Ireland has slowed through the second half of 2011 and the first half of 2012,” Lloyds said in a statement today. Lloyds sold £300 million of gross wholesale assets in Ireland during the first half...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team