Bank to review small firms' lending

Taxpayer-backed Royal Bank of Scotland is launching a review of its small business lending after uncovering £20 billion in untapped cash that could be used to support loan-starved companies.

The group, which is 81% owned by the Government, has hired former Bank of England deputy governor Sir Andrew Large and management consultancy Oliver Wyman to conduct an independent examination of the lending practices and standards used by RBS and NatWest for small and medium sized businesses (SMEs).


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