Summary
HIGHER BAD DEBTS DENT EARNINGS, BUT PROFITS KEEP RISING THE Big Five banks will profit to the tune of Pounds 112 from every UK account holder this year 12 per cent up on 2005.
A study by a leading banking software company shows profits per account holder will keep rising despite much higher bad debts among individual customers, which have dented earnings at almost all leading banks.See the full content of this document
Extract
Big Five Banks Make Pounds 112 On Each Customer
Group 1 Software, which provides services to the financial industry, based its figures on analysts' est...
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