Royal Bank of Scotland reports rise in credit card arrears

Royal Bank of Scotland added to continuing concerns about levels of consumer debt today after it reported rises in credit card arrears.

Royal Bank of Scotland reports rise in credit card arrears
Wed, 08 Jun, 2005 - 09:01

Royal Bank of Scotland added to continuing concerns about levels of consumer debt today after it reported rises in credit card arrears.

The Edinburgh-based group followed rivals, including Barclays, in stating that provisions to cover bad debts were currently higher than levels in 2004.

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