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Co-Op Bank posts nine-month pretax profit

Co-Operative Bank said on 5 November that it ended the first nine months of 2021 with a pretax profit and underlying pretax profit, and that it achieved third-quarter profit for the third consecutive quarter.

The lender said pretax profit for the nine-month period stood at £28.5m compared with a loss of £68.1m for the same period a year earlier.

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