Wednesday, Aug 02, 2006

Sharp rise in bad debts for Lloyds but they're still coining it in

BBC News: Bad debts trim Lloyds TSB gains

Lloyds TSB, Britain's fifth biggest bank, has reported a rise in profits despite a sharp increase in bad debts. Pre-tax profits rose 4% to 1.78bn ($3.3bn) for the first half of the year, helped by strong cost controls.

Posted by webmaster @ 01:00 PM (438 views)
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