RBS to sell £3.8bn of loans to Japanese bank
RBS has agreed to sell £3.8bn of project finance loans to Mitsubishi UFJ, Japans largest listed bank.
The sell off is part of a wider RBS initiative to reduce the size of the RBS balance sheet. The Edinburgh-based company said it has signed a non-binding memorandum of understanding with the Bank of Tokyo-Mitsubishi UFJ.
The sale is [...]