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Mizuho and RBS reach agreement over $36.5bn credit portfolio

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Mizuho Bank, a wholly-owned subsidiary of Mizuho Financial Group, and the Royal Bank of Scotland have reached a definitive agreement for the acquisition by Mizuho Bank of a credit portfolio which, as of December 31, 2014, was made up of approximately $36.5bn in loan commitments, including $3.2bn of drawn assets.

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Mizuho and RBS reach agreement over $36.5bn credit portfolio

Mizuho Bank, a wholly-owned subsidiary of Mizuho Financial Group, and the Royal Bank of Scotland have reached a definitive agreement for the acquisition by Mizuho Bank of a credit portfolio which, as of December 31, 2014, was made up of approximately $36.5bn in loan commitments, including $3.2bn of drawn assets.