Boardroom briefing

Brexit impacts Bank of Ireland's British business as AIB appoints two new directors

30th October, 2016
Carolan Lennon has been appointed as non-executive director of AIB

Bank of Ireland’s latest trading statement, published last Friday morning, gives some sense of Brexit’s impact on the bank so far.

According to the bank’s statement, it “continues to trade in line with expectations”, adding that economic activity in Britain had remained “resilient” after the Brexit referendum result.

However, the bank said a weaker sterling had affected its British business. “Sterling translation impacts during the...

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