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Restructure the taxpayers bank RBS now

Submitted on Tuesday 8th November 2011

Published on Tuesday 8th November 2011

Current status: Closed

Closed: Wednesday 8th February 2012

Signatures: 1

Tagged with

Money

Petition Action

Restructure the taxpayers bank RBS now

Additional Information

This petition proposes that the taxpayers asset- RBS, is restructured at the earliest opportunity to create two new divisions with specific financial targets 1.dedicated to lend money to SME's at rates that reflect the banks current low borrowing costs, to SME’s with innovative products or services and credible business plans, and 2.dedicated to offer mortgages with shared equity only to first time buyers who face depressed incomes, high prices and unreasonable demands for excessive deposits which are a function of banks risk aversion.Management remuneration based on meeting lending targets.


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