Treasury written question – answered at on 12 October 2011.
To ask the Chancellor of the Exchequer
(1) what estimate he has made of the proportion of UK banks which take up their full allocation of European Investment Bank funding;
(2) what happens to any European Investment Bank funding allocated to UK banks but left unclaimed.
In accordance with its statute, the European Investment Bank (EIB) does not make a specific funding allocation to UK banks.
Currently, four UK banks have access to EIB facilities: Barclays, Santander, Royal Bank of Scotland, and Lloyds Banking Group.
Yes0 people think so
No1 person thinks not
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