Millionaire Kevin Green 'appalled and disgusted by RBS'
Multi-millionaire businessman Kevin Green today joined the growing clamour for action against banks who put the squeeze on small businesses. “I am appalled and disgusted by the actions of RBS,” said Green, who runs a massive private property portfolio and other enterprises in a number of business sectors. “Conversations with other businesses throughout Wales suggest that RBS isn’t the only culprit here. “But they are, of course, the ones currently in the spotlight and receiving all the media attention. “The treatment of SMEs (small and medium-sized enterprises) by RBS is nothing short of scandalous. “Stories of the bank exploiting the small print in loan deals abound today. For example, one business I know missed a loan repayment one month and quickly found themselves heading down the road of default. “The pressure put on customers by RBS is neither fair nor morally acceptable. The old joke about banks pulling away the umbrella the minute it starts to rain appears to be very true in to...