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Blackrock raises stake in Bank of Ireland, while Goldman Sachs cuts holding in PTSB

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Last week, Bank of Ireland – whose CEO is Myles O’Grady – announced that it had made a €1.1bn pre-tax profit in the first...
Bussiness

Bank of Ireland books a €1.1bn profit in the first six months of the year

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This triggered its first interim dividends since before the banking crisis, as it plans to pay out €352m, or 35c per share. It has...
Bussiness

Revolut’s Irish mortgages are a game changer, and the banks know it

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This year has seen the re-emergence of non-bank lenders in the Irish market, as financing conditions on global bond markets — where they ultimately...
Bussiness

Savers’ deposits at PTSB climb €1bn in a year and customer loans rise

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This was an increase of €1bn, or 5pc, since March last year.Deposits rose by €300m from the end of December alone, according to...
Bussiness

Spain’s Bankinter to enter Irish banking market

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Spanish banking group Bankinter is planning to enter the Irish banking market on the back of success in its fledgling Avant Money mortgage and...

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