Close Window

Digital Look Email A Friend

Lloyds lifts PPI provisions to ?1.2 - ?1.8bn; suspends buyback

Published by Frank Prenesti on 9th September 2019

(Sharecast News) - Lloyds Bank said it was increasing provision for payment protection insurance (PPI) to £1.2bn - £1.8bn in its third quarter and suspending its share buyback programme after a higher-than-expected spike in claims ahead of the August deadline.

URL: http://www.digitallook.com/dl/news/story/29540401/...

Email this article to your friends
NOTE: These email addresses will be used to email the information on your behalf and will not be collected by Digital Look for any marketing purposes.