Bank Of Ireland Group plc (BKRIY)
- CityAM
Lack of buyers for No 1 Poultry loan in worrying sign for City’s property market
Bank of Ireland is trying to dodge a loss on a loan secured against No 1 Poultry, a worrying sign for London's commercial property market.
- 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.
