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Bank of Ireland Group plc (BIRG.L)
| Previous close | 10.02 |
| Open | 9.65 |
| Bid | 10.09 x 0 |
| Ask | 10.12 x 0 |
| Day's range | 9.65 - 10.23 |
| 52-week range | 7.74 - 10.80 |
| Volume | |
| Avg. volume | 647,897 |
| Market cap | 104.962M |
| Beta (5Y monthly) | 1.19 |
| PE ratio (TTM) | 0.07 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.60 (5.99%) |
| Ex-dividend date | 09 May 2024 |
| 1y target est | N/A |
- Reuters
Bank of Ireland to wind down British corporate lending business
Bank of Ireland plans to wind down its 2 billion euro ($2.17 billion) corporate lending business in Britain, in its latest retreat from the market which it said on Wednesday was aimed at generating long-term sustainable returns. Ireland's largest bank has reduced its lending assets in the UK by about a quarter since 2017 and announced the end of its partnership with UK motoring services group The AA in December, alongside a cut to its products provided via the UK Post Office. Bank of Ireland said the move will impact around 40 staff based in London and Manchester, who will be offered options including voluntary redundancy or potential redeployment.
- Reuters
Bank of Ireland ends AA partnership, trims UK Post Office offering
DUBLIN (Reuters) -Bank of Ireland said on Tuesday that it had ended its partnership with UK motoring services group The AA and would trim its product range provided via the UK Post Office, marking a further retreat from the British market. Ireland's largest bank has reduced its lending assets in the UK by about a quarter since 2017, while at the same time trebling its underlying profit there by of focusing on "value over volume". The bank said it had extended its UK Post Office partnership for a further five years to a minimum end date of 2031 but would no longer provide Post Office branded mortgages or personal loans and focus on savings products.
- PA Media: Money
‘Far too early’ to discuss reducing rates, says Central Bank of Ireland governor
Gabriel Makhlouf also said that financial literacy should be taught to students in school.
