Monday July 6, 2020

Latest results will lay down a marker for the big banks

Bank of Ireland, Permanent TSB and AIB all release their financial results this week, with each bank facing a different set of challenges for the coming year

Ian Guider

Markets Editor

@ianguider
23rd February, 2020
3
Francesca McDonagh: the Bank of Ireland chief executive is attempting to bring BoI through the biggest technology overhaul it has faced. Picture: Maura Hickey

Every year brings a different challenge for Irish banks. In 2017, it was the dam bursting on the true scale of the tracker mortgages. In 2018, it was about pressure brought to bear on them to reduce their non-performing loans. And in 2019, it was about coping in an environment where interest rates are remaining much lower for longer.

What will 2020 bring for the Irish financial sector? In the coming days, we’re about to find out, as...

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