Lloyds loss shrinks despite bad loans hit (Business Times (Malaysia))
LONDON: Lloyds, Britain’s largest retail bank, shrank its losses in 2009, despite a STG24 billion (STG1 = RM5.23) hit from loans that soured, mostly assets inherited from last year’s takeover of rival HBOS. The bailed-out bank was one of the first to call a peak in bad debts during 2009 and it says it sees further improvements this year, with impairments reducing at the rate it saw between the …
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Lloyds loss shrinks despite bad loans hit (Business Times (Malaysia))
