The Royal Bank of Scotland (RBS) has supported the British Bankers’ Association decision not to appeal a court ruling for mis-selling personal protection insurance (PPI), The Wall Street Journal reports. The bank has set aside an extra £850 million to cover the costs of PPI.

The lender has already paid £100 million in compensation to PPI customers and has an existing provision of £100 million. Barclays previously announced that it had made provision of £1 billion for PPI, while HSBC had set aside £268 million, adds Financial Times.

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