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Saturday, 21st November 2009

Clydesdale Bank

Clydesdale pledges £4bn for Scots homebuyers and firms SMALL firms and housebuyers were offered £10 billion of support from Clydesdale Bank yesterday as it turned up the heat on its bigger rivals.

Clydesdale rating hit by bad debt fears A DETERIORATING UK economic outlook yesterday saw the Clydesdale Bank slapped with a credit rating downgrade while other banks remained steady.

Clydesdale owner pledges £1bn more UK lending despite rising bad debts THE owner of Clydesdale and Yorkshire banks promised a further £1 billion in new lending yesterday despite a continued rise in charges for bad debts in the economic downturn.

Clydesdale to lend extra £100m to cash-strapped SMEs CLYDESDALE Bank has earmarked £100 million of cash to lend to small and medium companies under an invoice financing scheme to improve cash flow for credit crunch-hit businesses.

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