Govt To Sell Off £4.2bn In Lloyds Bank Shares

Written By Unknown on Rabu, 26 Maret 2014 | 00.26

Taxpayers are to be left with a 25% stake in Lloyds Banking Group as the Government announces plans to sell £4.2bn in shares.

The taxpayer currently owns 33% of Lloyds but the government is continuing with plans to fully return the lender to the private sector.

Some 5.4bn shares are expected to be sold later this year - raising about £4.2bn based on Tuesday's closing share price.

A Treasury spokesman said: "The Government set out its objectives for its shareholdings in the banks in the Chancellor's annual Mansion House address last June - getting the best value for the taxpayer, maximising support for the economy and restoring private ownership.

"And, as set out in that address, the Government will only conclude a sale if these objectives are met.

"Building a stronger banking system is a core part of the Government's long-term economic plan to deliver greater economic security."

More follows...


Anda sedang membaca artikel tentang

Govt To Sell Off £4.2bn In Lloyds Bank Shares

Dengan url

http://cembururabun.blogspot.com/2014/03/govt-to-sell-off-a42bn-in-lloyds-bank.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Govt To Sell Off £4.2bn In Lloyds Bank Shares

namun jangan lupa untuk meletakkan link

Govt To Sell Off £4.2bn In Lloyds Bank Shares

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger