Bank of Ireland lending up €1bn on last year

Bank of Ireland has said economic activity in Ireland has continued to expand while in the UK it remains resilient in the wake of the UK's decision to leave the EU.

Bank of Ireland lending up €1bn on last year

Bank of Ireland has said economic activity in Ireland has continued to expand while in the UK it remains resilient in the wake of the UK's decision to leave the EU.

According to an interim management statement issued this morning, the bank said it is trading in line with expectations so far this year.

It also shows new lending volumes for the first nine months of the year were €10bn, up €1bn on the same period last year.

However, it said that sterling weakness was impacting the value of its balance sheet when assets held in the UK are translated back into euro.

more courts articles

Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman
Coronation Street actor William Roache (91) given three months to settle tax debt Coronation Street actor William Roache (91) given three months to settle tax debt

More in this section

Nottingham City Centre Stock Irish staff at the Body Shop wait for wages as retailer shuts stores in the Republic
Ryanair comments on Norwegian Ryanair boss O'Leary's spat with Transport Minister over Dublin Airport escalates
Lord Rothschild death Tony Blair leads tributes on death of financier Rothschild at age 87
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited