Markets
Irish bank share prices slide on Bankinter entrance
Share prices of the three incumbents dropped following the Friday announcement
The share prices of AIB, Bank of Ireland and PTSB slid on Friday following the announcement that a new competitor would be entering the field.
On Friday morning, Spain’s Bankinter revealed it would enter the Irish banking market after its success in mortgages through Avant Money. The company said it would expand its product and services, starting with deposits.
Spain’s fifth largest bank is the first entrant to the Irish market in a number of ...
