GFG's Wyelands Bank to repay depositors after Gupta cash injection

  • 3/3/2021
  • 00:00
  • 4
  • 0
  • 0
news-picture

LONDON, March 3 (Reuters) - British supply chain finance lender Wyelands Bank, which forms part of Sanjeev Gupta’s metals-to-finance empire, said on Wednesday it had decided to repay retail depositors after receiving a cash injection from Gupta. Wyelands’s 2019 annual report said it had more than 15,000 UK savers and 726 million pounds in deposits. (Reporting by Tom Bergin; Editing by Jan Harvey)

مشاركة :