Lloyds sets aside another £700m for PPI

Lloyds sets aside another £700m for PPI
 

Lloyds Banking Group says it has set aside another £1bn for personal protection insurance claims, £700m more than it was planning to.
It said the extra provision would cover "reactive claims" of about 9,000 per week through to August 2019.
The announcement came as the bank reported half-year profits of £2.5bn, its biggest in eight years and 4% higher than a year ago.
They are its first set of results since returning to private ownership in May.
read more

 
27 July 2017 in Business, Views: 45
Source: BBC
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
                1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31