Sky News said the mortgage arrears remediation programme is the latest in a "string of conduct failings" to hit Lloyds, which has already had to set aside more than GBP17.0 billion for PPI mis-selling claims.
The Financial Conduct Authority has been investigating the issue.
"It will depend upon where those future volumes go", he said.
Lloyds Banking Group has reported its largest half-year profit in eight years and raised its dividend, shrugging off an uncertain economic environment.
The charges dented pre-tax profits, which rose 4 per cent to £2.5 billion in the six months.
Lloyds' chief executive Antonio Horta Osorio, who insists he is committed to the bank in the face of endless speculation he will leave to join HSBC, today fended off talk of a consumer debt bubble. "I have no intention of going anywhere".
The results are the first since the Government sold its final shares in the bank which it acquired following a bailout during the 2008 financial crisis at a cost of about £20bn.
The lender is asking customers to consider whether they are eligible for repayments, although customers do not need to take any action until they are contacted by the bank. "Not all PPI policies were mis-sold, of course, but it would be reasonable to assume that there will have to be further provisions made".
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Huggins told the Post her friend struggled with pregnancies, so the fact that Sue had three children was a a "super blessing". Neighbors said the family had just moved into the house about a month ago and that the home was undergoing renovations.
He admitted, though, that there would "always be redress costs" when running a banking business.
Lloyds became the UK's biggest force in personal banking as a result of its absorption of HBOS - the former Halifax and Bank of Scotland - at the height of the financial crisis and was bailed out by the government at a cost of about £20bn.
There was good news for Lloyds' 2.4 million-strong army of small shareholders in the form of an 18% rise in the interim divi to 1p a share.
The corrupt financiers were jailed earlier this year for the £245m loans scam.
In relation to HBOS' Reading fraud, the bank has started paying compensation to victims and took a £100 million provision in the first half.
"Overall this is a strong set of numbers from Lloyds, blighted, but not overshadowed, by misconduct costs", said Laith Khalaf, senior analyst at Hargreaves Lansdown.
He added: "The bank's fortunes are heavily reliant on the United Kingdom economy, which still hangs in the balance as we leave the European Union, though even if we are entering a period of economic weakness, Lloyds is at least doing so from a position of strength".
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