FT.com / Companies / Banks - Lloyds hurt by Irish loan book losses
FT.com / Companies / Banks - Lloyds hurt by Irish loan book losses: " Lloyds Banking Group will be hit by higher than expected charges on its Irish loan book this year after a further significant deterioration in market conditions in recent weeks. The government-backed bank disclosed on Friday that the impairment charge for the full year would be £4.3bn. In the first half, Lloyds took a charge of £1.5bn on its Irish portfolio – meaning losses on the loans have almost doubled in the past six months." :Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.