Bank of Ireland has reported a pre-tax profit of €455m for the first six months of this year, down from €557m a year earlier.
Analysts had expected first-half profits at Bank of Ireland – which is still 14 per cent state-owned – to fall. The figures were affected by increased investment in the bank’s technology infrastructure, while profits from its British business also fell. Last year’s results also benefited from a once-off profit...
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