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Lloyds (LYG) intends to sell €2B of mainly Irish property loans, Bloomberg reports,...

  • Tuesday, September 4, 2012, 4:17 AM ET
    Lloyds (LYG) intends to sell €2B of mainly Irish property loans, Bloomberg reports, although the British bank is likely to take a discount on the divestment. Since Ireland's real-estate market crashed four years ago, Lloyds has taken £11.8B of impairment charges on loans in the country.
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