In the bank’s commercial real estate business support unit (BSU), a division set up as part of the then new Lloyds Banking Group four years ago to tackle distressed loans, impairment charges of £1.2bn were taken last year.
In the bank’s commercial real estate business support unit (BSU), a division set up as part of the then new Lloyds Banking Group four years ago to tackle distressed loans, impairment charges of £1.2bn were taken last year.
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