Lloyds Bank - FY15 pre-tax profit of £1.6bn, down 7%, YoY, due to increased provisions for PPI compensation. REUTERS/ The bank said it had made a "substantial reduction in the amount paid out on PPI claims" and that this was partly because of its decision not to increase payouts from April onwards.
Lloyds Bank - FY15 pre-tax profit of £1.6bn, down 7%, YoY, due to increased provisions for PPI compensation. The bank said it had made a "substantial reduction in the amount paid out on PPI claims" and that this was partly because of its decision not to increase payouts from April onwards.