Bank of Ireland says on track despite sterling effects
Bank says non-performing loans continuing to fall
Bank of Ireland has said its trading in the third quarter of this year was in line with expectations, despite the effects of a weaker sterling on profits from its British business.
In a trading update, the bank also saidthe impact of sterling weakness had reduced customer loan volumes in euro terms by €1.3 billion to €78 billion. It added, however, that economic activity in Britain had remained "resilient" after the Brexit referendum.
