Your Money: Rbs in Card Crisis ; Fears Over Plastic Debt Repayments
Summary
T HE fallout from Britain's spending frenzy has forced Royal Bank of Scotland to raise its cover for bad credit-card debts by a THIRD.
The banking giant's provision against late repayments on plastic is pounds 70million higher at a whopping pounds 278m.See the full content of this document
Extract
Your Money: Rbs in Card Crisis ; Fears Over Plastic Debt Repayments
And an 18 per cent jump in the cash set aside by the group to cover defaults in per...
See the full content of this document