RBS Royal Bank of Scotland Group PLC

By Rory Gallivan

LONDON--Royal Bank of Scotland Group PLC (RBS.LN) Monday said it has agreed the sale of another portfolio of corporate loans to Mizuho Bank Ltd for around $500 million.

"This additional portfolio sold to Mizuho comprises $5.6 billion of loan commitments, including $0.5 billion of drawn assets as of 28 Feb. 2015, and generated a profit after tax in the region of approximately $20 million in the year to 31 Dec. 2014," said RBS. Earlier this year, the bank announced the sale of a portfolio of U.S. and Canadian loan commitments to Mizuho.

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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