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RBS sets aside another L125m repayment for PPI claims

The Superior Bank of Scotland (RBS) is foresee to plunk aside another L125 million for payment security insurance PPI claims.

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

The enthusiasm posted a team operating profit to the fundamental place of 2012 of L1,184 million, with the nucleus operating profits hitting L1,667 million during this timeframe.

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

Chief executive of RBS Stephen Hester stated the bank is thrilled with its performance during the principal three months of the year, although "the solvent and regulatory backdrop remains tough".

Furthermore, the UK's briefness has remained to some degree positive, he declared.

"I'm result expectant and I imagine that things settle upon put," the travelling salesman added.