Arab Today, arab today rbs to withdraw from uk asset protection scheme
Last Updated : GMT 05:05:38
Arab Today, arab today
Arab Today, arab today

RBS to withdraw from UK asset protection scheme

Arab Today, arab today

Arab Today, arab today RBS to withdraw from UK asset protection scheme

London - AFP

The Royal Bank of Scotland, under state control since the British government rescued it in 2008, announced Wednesday it was going to leave the asset protection scheme, a move that could be seen as the first step toward the bank\'s reprivatisation. \"The Bank\'s exit from the APS demonstrates the progress RBS has made in transforming a balance sheet that had become dangerously large and unstable into one that is more conservative, resilient and sustainable,\" RBS said in a statement, adding that it would leave the scheme effective October 18.

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Arab Today, arab today rbs to withdraw from uk asset protection scheme Arab Today, arab today rbs to withdraw from uk asset protection scheme

 



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