Bank of Ireland eyes loan growth and cost cuts in long-awaited plan

Bank of Ireland eyes loan growth and cost cuts in long-awaited plan

The bank is looking to grow its loan book by a fifth

Bank of Ireland has unveiled plans to grow its loan book by a fifth over the next few years as well as a further investment in its technology systems and a major cost reduction exercise.

The bank’s chief executive Francesca McDonagh has published the long-awaited new strategy this morning that will see see the bank expand its insurance and wealth management units and boost returns from its British division.

In a statement ahead of...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post