Bank of Ireland results: Pre-tax profit up 30% to €1.2 billion

The bank outlined plans to resume dividend payments next year

22nd February, 2016

Bank of Ireland said underlying pre-tax profit rose by 30 per cent to €1.2 billion last year as all trading divisions proved profitable and outlined plans to resume dividend payments next year.

In its annual results, the bank said it remained the largest lender to the Irish economy last year with new lending of €6.9 billion in 2015. Total income was up by 10 per cent and the bank improved its net interest margin by eight...

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