RBS, Lloyds To Seek EUR15 Bln From ECB

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RBS, Lloyds To Seek EUR15 Bln From ECB

The Royal Bank of Scotland and Lloyds Banking Group have indicated they will seek EUR5 billion ($6.7 billion) and EUR10 billion ($13.4 billion), respectively from the European Central Bank’s long-term refinancing operation in its latest round, scheduled for Feb. 29.

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