Indonesian Political, Business & Finance News

Royal ups loan provisions

| Source: REUTERS

Royal ups loan provisions

LONDON (Reuters): Royal Bank of Scotland yesterday said it raised its debt provisions by 53 million pounds against exposure to Indonesia, South Korea and Thailand -- the three Asian countries that are receiving support from the International Monetary Fund.

The bank said in a statement that on March 31, 1998, its exposure to these countries was 605 million pounds or 0.8 percent of total group assets.

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