Paragon Banking half-year profit slumps on COVID-19-related charges
Paragon Banking Group on
Wednesday posted a 28% slump in half-year underlying profit, as
it booked a 27.7 million pound charge due to the COVID-19
pandemic and set aside millions more to cover expected loan
losses because of the crisis.
Wednesday posted a 28% slump in half-year underlying profit, as
it booked a 27.7 million pound charge due to the COVID-19
pandemic and set aside millions more to cover expected loan
losses because of the crisis.
Posted by Reuters
