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RBS “poor lenders”

RBS_2551057b

http://www.bbc.co.uk/news/business-24773959

There will still be many querying why, what is effectively a state owned bank, is being criticised strongly by the state for not lending sufficiently to small and medium businesses.

It is not perhaps as simple as that and state owned is not the same as state run but somehow there has to be a sea change. This stat is pretty extraordinary

According to research by consultants Oliver Wyman for the report, RBS’s share of the small business lending market has fallen from more than 40pc to 27pc and will continue to decrease over the next five years by close to 10 percentage points over the next five years unless something is done to arrest the decline.

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