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Co-op Bank cuts first-half losses to £38.5m

The_Co-operative_Bank_-_Ealing_%289415463884%29.jpg?profile=RESIZE_710xThe Bank, now owned by hedge funds after a financial crisis forced its sale by the Co-op Group, said it would continue to follow its ethical policy

Co-op Bank has reported a pre-tax loss of £38.5m for the six months ended 30 June – an improvement on a £39.5m loss a year earlier.

In its interim report the Bank said its operating income had fallen slightly to £191.2m, from £192.9m for the same period in 2018.

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Co-operative News - Global Hub

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