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RBS's non-core property lending cut by £5bn

Royal Bank of Scotland's non-core real estate lending reduced by £5bn over the first half of the year, driven by a £3.6bn sell off in its UK corporate loan book and a £1.6bn reduction in its global banking markets division.
By James Wallace
August 5, 2011 | 12:07 P.M.

The total non-core loan book fell from £47.7bn, at the end of last year, to £42.7bn by the end of June, which reflected 53% of RBS' total real estate lending portfolio of £84.6bn.

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