Sentence examples for provision for payment from inspiring English sources
Last week he had to admit the bank's provision for payment protection insurance was rising again, to almost £10bn.
Horta-Osório quickly knocked a hole in first quarter profits, declaring a £3.2bn provision for payment protection insurance mis-selling.
Lloyds Banking Group lost 1.22p to 53.25p after it revealed a £570m annual loss, including another £1.5bn provision for payment protection mis-selling.
However, there was no new provision for payment protection insurance selling, a scandal which has so far cost the banking industry more than £30bn, and £16bn at Lloyds.
Profits were also boosted by the lack of any further provision for payment protection insurance compensation, which has cost the bank £12bn since 2011, and a fall in bad debt charges which were just £177m, down by 59%.
Royal Bank of Scotland expects to take a multimillion-pound provision for payment protection insurance (PPI) mis-selling in the second quarter, it revealed today after reporting a loss for the first three months of 2011.
911, made provision for payments to States.
The £2.2bn profit is calculated on a "combined business basis" and does not cover the £500m provision for payments to 600,000 mortgage customers potentially misled by Halifax.
LONDON — A long-awaited reconciliation plan for Northern Ireland provoked a wave of anger across the province on Wednesday — and in the House of Commons in London — with a provision for payments of about $16,800 to families of all of the 3,700 people killed during 30 years of sectarian violence, including paramilitaries killed by their own bombs.
Liberals said the bill gave too much money to private corporations, in part because of a provision for payments to insurance companies to encourage them to offer affordable policies to seniors.
RBS, still 73 per cent owned by the taxpayer, took a hit of £2.5bn, including an extra £500m to top up provisions for payment protection insurance mis-selling by the retail bank to more than £4bn.
