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Loan

World news about “Loan” published by euronews.

13/11 13:59 CET

Britain offloads Northern Rock loans in biggest European state asset sale

Britain offloads Northern Rock loans in biggest European state asset sale

Britain has sold 13 billion pounds (18 billion euros) worth of loans once held by former mortgage lender Northern Rock, which was nationalised during the financial crisis. It’s the largest ever financial asset-sale by a government in Europe. The 125,000 loans have…