New lending increases at Bank of Ireland but pension deficit widens

British loan volumes reduced due to sterling weakness as level of non-performing loans also decreases

28th April, 2016
Bank of Ireland College Green. Pic: RollingNews.ie

Bank of Ireland will tell its annual shareholders meeting today that it continues to trade “in line with expectations”.

There have been improvements in the volume of non-performing loans while new lending also increased.

But its pension deficit widened and its British loan volumes reduced due to sterling weakness.

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