Significados de mis-sold payment en inglés

British banks have set aside more than 20 billion pounds in total to compensate customers mis-sold payment protection insurance (PPI).

The latest provision to cover the cost of compensating customers mis-sold payment protection insurance was much greater than expected at £1.8 billion.

The main driver was complaints about mis-sold payment protection insurance, which accounted for three-quarters of the new cases, equivalent to about 8,000 a week.

Lloyds took a shock 3.2 billion pound charge earlier this month to cover compensation for people mis-sold payment protection insurance (PPI) products.

In the UK alone, about 20,000 new jobs were created to deal with the complaints over mis-sold payment protection insurance, according to employment group Manpower.

Barclays set aside another 1.35 billion pounds to compensate customers mis-sold payment protection insurance (PPI), taking its total provision for that to 4 billion pounds.

Some leading banks may have underpaid compensation to many customers who were mis-sold Payment Protection Insurance, the BBC has learned.

Lloyds Banking Group has been fined £4.3m for delays in compensation payments to up to 140,000 customers who were mis-soldpayment protection insurance.