UPDATE 1-RBS sells $817 mln of UAE company loans to Dubai bank CBD

April 1, 2015 1:17 PM

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* Transaction expected to be complete during April (Adds detail, context, background)

DUBAI, April 1 (Reuters) - Royal Bank of Scotland (RBS) has sold around 3 billion dirhams ($816.8 million) of loans belonging to companies in the United Arab Emirates to Commercial Bank of Dubai (CBD), both banks said on Wednesday.

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