The good, the bad . . . and the banks

Last week ended on a sour note for the banking sector as the two biggest banks barely scraped through a European stress test

31st July, 2016
Richie Boucher, chief executive of Bank of Ireland, and Andrew Keating, chief financial officer, present the banks interim results for 2016 Picture: Naoise Culhane

One point eight billion euro. That’s the collective profit of the big three domestic banks over the course of the first six months of the year. Not bad, eh? Down on last year’s tally, but for a sector that has been on life support until the last couple of years, it’s pretty decent. You can also add to that figure the €1.8 billion cheque which AIB handed over to the government on Thursday, in another...

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