Written question asked by Vincent Cable (Liberal Democrat) on Thursday, 26 March 2009, in the House of Commons. It was due for an answer on Monday, 30 March 2009. It was answered by Ian Pearson (Labour) on Tuesday, 21 April 2009 on behalf of the Treasury.

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Banks: Finance

Question

To ask the Chancellor of the Exchequer within what period it was agreed with (a) Lloyds Banking Group and (b) RBS that they would provide a quarterly statement of all loses and recoveries in respect of the triggered assets; and if he will make a statement.

Answer

Further information about the disclosure requirements for banks will be set out at the time final contracts are signed.

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Secondary information

Type

Written question

Reference

491 c635-6W; 268090

Session

2008-09

Subjects

Banks Finance

Link

View this Written question on www.publications.parliament.uk