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"This disposal is further progress in executing our divestment strategy," Highfield said.
The companies will then have until March 31 to show progress in executing the plans, or risk having the loans recalled.
Experts believe proposals are likely to come after the European Union, the European Central Bank and the International Monetary Fund complete an audit of Greece's progress in executing various reforms it agreed to in exchange for the emergency loans last May.
Today during its earnings call, a sober HP discussed recent progress in executing its five-year turnaround plan that remains in its early stages.
Managers are, in turn, held accountable to shareholders every quarter, reporting their progress in executing the business plan in quarterly earnings statements.
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A.I.G.'s chief executive, Robert H. Benmosche, said in a statement that despite the losses, "Our team has made great progress during the year in executing our strategic restructuring plan".
Our improved results demonstrate the significant progress we have made in executing our strategy.
Analyst Richard Hunter, head of equities at Hargreaves Lansdown, said: "There is no doubting the immensity of the task RBS has faced in executing its turnaround plan, nor indeed the progress made so far".
Stock exchanges prize speed in executing transactions.
XJ was involved in executing the study.
M.M.A. actively participated in executing experiment.
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