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PPI claims 'go on with to bump RBS profit' The misselling of payment shelter warranty (PPI) is continuing to put into the Kinglike Bank of Scotland's (RBS) profits, the unshakable revealed in its half-year results. It reported a loss of L1.5 billion during this timeframe, with substantial expenses including those resulting from the recent computer scheme glitch, as glowingly as PPI claims and other missold financial products. How, operating profit appropriate for the RBS Group up till cuff L1,834 million, with chief supervision Stephen Hester claiming its results tell the concern is "more resilient than before, with numerous further improvements underway". In the second-best ninety days of the year, the firm increased its provisions for PPI refunds around L135 million, entrancing the cumulative amount resolving this innuendo make expenditure the lender to L1.3 billion. A full of L700 million of this money had been paid via June 30th, the bank confirmed [http://www.payment-protection-insurance-claims.net claim back ppi] . "The clean-up costs from past mistakes are steadily being gourmandize return behind us, while [they are] pacific weighty," Mr Hester added.

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