British bank RBS reports loss


LONDON: Royal Bank of Scotland Group PLC reported a second-quarter loss Friday after it wrote down the value of its Greek bond holdings by 733 million pounds ($841.5 million).

The bank said it posted a net loss of 897 million pounds, compared with a profit of 257 million pounds in the same period last year. It also set aside a previously announced 850 million pound charge for customers who were missold payment protection insurance on mortgages and other loans.

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