Lloyds Banking group plc launches sale of its portfolio of Irish property loans
Lloyds Banking Group plc has launched the sale of its €360m portfolio of Irish property loans as the government-controlled lender pushes to shed the legacy of its ill-timed takeover of HBOS.
Lloyds Banking Group plc announced it has agreed to sell its Spanish retail banking operations, including Lloyds Bank International SAU and Lloyds Investment EspaÃ±a SGIIC SAU, to Banco Sabadell, SA The sale comprises the Group's retail and private banking business and the local investment management business in Spain.