Comment: Mortgage lending still the main driver of BoI growth

Shares in Bank of Ireland ended little changed over the past week and still lag those of rival lenders despite green shoots of recovery at its British mortgage lending and business lending units.

26th November, 2005

Shares in Bank of Ireland ended little changed over the past week and still lag those of rival lenders despite green shoots of recovery at its British mortgage lending and business lending units.

Meantime, the bank is still relying on its property mortgage lending at home to generate huge profits (for location, location, location read Ireland, Ireland, Ireland - where property lending of one form or another remains the main driver of the bank's growth).

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