The Co-operative Bank Interim Results 2012

The Co-operative Group, the UK's largest mutual business, today 23rd August 2012, releases its interim results for the 26 weeks ended 2 July 2012, which consolidate the results of The Co-operative Banking Group (CBG).

CBG reported an operating result of £36.9m for the period (2011: £115.0m including group recharges) and a loss before tax (including discontinued operations) of £23.2m (2011: profit of £5.8m), reflecting a favourable result for the General Insurance business, which delivered an increase in operating profits of £23.5m during the period.

The results of The Co-operative Bank plc, the main subsidiary of CBG, are detailed below.

View the press release PDF in full here.