It was good to see Lloyds Banking Group and Royal Bank of Scotland both represented at the Investment Summit hosted by Estates Gazette recently. Nick Robinson, managing director of real estate corporate banking at Lloyds reassured delegates that the banks were aligned to borrowers and were not going to flood the market with distressed property.
Stephen Eighteen, head of global property restructuring at Royal Bank of Scotland added that the Governments Asset Protection Scheme would ensure that problem loans would be given time to be worked through.
Click on our video section to see highlights of both interviews.