Bank of Scotland Targets Small Businesses with Loan-Friendly Campaign

Scotland on Sunday › June 22, 2009

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Summary

BANK of Scotland is taking the unusual step of urging its small business customers to apply for loans in what is seen as an early indication that the freeze on borrowing may be nearing an end.

The move comes as banks continue to face accusations that they are not lending enough to small businesses, despite being bailed out by taxpayers.

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Extract

Bank of Scotland Targets Small Businesses with Loan-Friendly Campaign

Donald Kerr, commercial banking director for Bank of Scotland, now part of the Lloyds Banking Group, wants to put an end to that perception....

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