Although this issue has begun to attract some attention to the vulnerability of the UK due to problems in Ireland, and probably still does not receive adequate coverage. According to the journalists Bloomberg, Royal Bank of Scotland posted a 2.71 billion pounds of its northern branch of the Irish in January for what is to raise its level of capitalization, as well as 11.9 billion pounds of assets covered by the UK deposit protection scheme. Lloyds also posted a 4.45 billion pounds of fresh capital to the Bank of Scotland earlier this year. Britain has the largest credit exposure in Ireland, which is approximately 139 billion pounds, though at the RBS (83% of the state) have total about 53 billion pounds for Lloyds (41% state) about 27 billion pounds. The latter said that losses on loans Irish franchise has doubled to 1.6 billion pounds in the first half. Stating the obvious, it would be great if for Lloyds and RBS (in fact, the British government) was not necessary to send billions of pounds over the next few months to strengthen the coverage ratio of capital. This situation is clearly negative for the pound.
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