Tuesday June 2, 2020

Thin margins predate financial crisis

Margins at Irish banks were in trouble long before the financial crisis caused their cost of funding to rise to uneconomic levels, according to new research.

30th March, 2013

Margins at Irish banks were in trouble long before the financial crisis caused their cost of funding to rise to uneconomic levels, according to new research.

A report published by the Central Bank last week revealed that net interest margins at Irish banks had been in decline for over a decade and reached lows of below 1 per cent during the banking crisis.

The Central Bank research showed that even before the crisis hit, competition in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago