BUDGET 2011: Lloyds and RBS met mortgage lending commitments
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Today’s Budget reveals that both Lloyds Banking Group and the Royal Bank of Scotland have met their two year mortgage lending commitments.
Lloyds delivered £23.5bn in gross mortgage lending in the twelve months to February 2011, compared to its commitment of £23bn, with RBS delivering £9.4bn compared to a net commitment of £8bn.
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