Sign up to The Irish Times Archive (1859 - 2008)My Account »
Fri 11 Nov 2009RBS tweaks EU state aid deal
Royal Bank of Scotland today said it had fine-tuned a deal to win European Union approval for state aid it has received, as it called for investors to vote on its restructuring plan next month.
RBS, majority state-owned after receiving a British government bailout last year, said the EU deal had been amended so the bank will now cut its loan book through further disposals if it falls short of its 2013 balance sheet target by £30 billion pounds.
Choose a Subscription type - required
