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RBS sets aside another L125m for PPI claims

The Imposing Bank of Scotland (RBS) is foresee to plunk aside another L125 million for the sake payment security indemnification PPI claims.

As a happen of this, the full string made by the lender exchange for PPI claims see fit reach L1.2 billion, with L501 million paid missing as of Slog 31st 2012.

The enterprise posted a team operating profit to the first board of 2012 of L1,184 million, with the nucleus operating profits hitting L1,667 million during this timeframe.

Furthermore, the bank claims to be undergoing provided UK businesses with loans worth L14.3 million, with L7.9 billion of this lent to elfin and medium-sized enterprises.

Chief mr big of RBS Stephen Hester stated the bank is pleased with its demeanour during the principal three months of the year, although "the economic and regulatory backdrop remains ungiving".

Furthermore, the UK's husbandry has remained less sluggish, he declared.

"I'm naturally hopeful and I feel that things leave put," the saleswoman added.