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Apparently most of the bad debt that they have is overseas!
Not very surprising really is it?? |
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no bad debt in uk thankfully
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"The documents released last night on the Treasury's website also show that RBS has placed almost half of its UK small business banking loans book and 56% of its British property finance assets into the scheme."
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Just the 100 pages long that. Lovely.
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The Chairmans letter to shareholders makes more sense than that horrendous document although the B share element is raised up again. What do people think - one to stay away from until it looks like they are about to stand alone?
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