LYG · Lloyds Banking Group
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The AI's read
Keeping these loans available could preserve business with customers across borders. The report gives no estimate of added lending or profit, and says the plan is still being prepared.
Lloyds Banking Group and other banks are getting ready to use an EU rule to keep lending across borders.
Good for LYG
Lloyds is reportedly preparing to use an existing EU exemption to keep cross-border lending available. This could protect that business, but the report describes a plan, not a completed change.
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