|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
Wednesday 26th of January 2011

News Tag: Asset Protection Scheme

March 8, 2009

Lloyds to increase lending as it signs up to Asset Protection Scheme

by Kay Murchie
”Lloyds
After days of negotiations, Lloyds Banking Group has now agreed to sign up to the Government’s Asset Protection Scheme. The scheme, which insures against losses arising from toxic assets, will see Lloyds commit to lending at least £28 billion over the next few years. As a result, the Government’s stake in the bank will rise from 43% ...



March 6, 2009

Lloyds edges closer to signing up to Government’s Asset Protection Scheme

by Kay Murchie
”Lloyds
Lloyds Banking Group, created following the merger between Lloyds TSB and HBOS, is edging closer to reaching a deal with the Government, with regard to taking part in the Asset Protection Scheme. The scheme, which insures against losses arising from toxic assets, will see the Government’s stake in the bank increase from 43% to 60%. Lloyds is ...