Banking

How much will rate cuts hurt Ireland’s banks? We crunched the numbers to find out

AIB, PTSB and Bank of Ireland have enjoyed supercharged profitability thanks to rate hikes imposed by the ECB over recent years

For Ireland’s banks, however, the ECB’s decision to cut rates brings to an end a two-year period during which hawkish monetary policy supercharged their profitability

Business Post subscribers can read:

• How rate cuts will affect the banks’ net interest income

• What shareholders need to know about factors likely to affect the bank’s performance

• Why more pain may be coming for the lenders later this year