Ads Top

Barclays reduces PPI provisions

Source BBC News@

A Barclay's sign

Barclays Bank has reduced the amount it's set aside to pay compensation for mis-sold personal protection insurance (PPI) by £387m.

In its third quarter results, the bank reported a big increase in nine-month pre-tax profits to £2.85bn.

That's up from £962m in the same period last year.

Lloyds Bank on Tuesday said it will set aside another £750m for compensation for PPI mis-selling, taking the total to £8bn.

Đăng ký: Tieng Anh Vui

No comments:

Powered by Blogger.