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Bank of Ireland profits up €1.5bn

Bank of Ireland’s CEO says “mistakes” of the past have been a “very strong motivation” for the...
TodayFM
TodayFM

9:56 AM - 27 Feb 2015



Bank of Ireland profits up €1....

News

Bank of Ireland profits up €1.5bn

TodayFM
TodayFM

9:56 AM - 27 Feb 2015



Bank of Ireland’s CEO says “mistakes” of the past have been a “very strong motivation” for the lender’s improved fortunes.

Richie Boucher was speaking after the bank posted pre-tax profits of 921 million euro last year - a turnaround of 1-point-5 billion on 2013.

BOI says the figures are partly down to a significant drop in the charges on bad loans.

Bank of Ireland chief Richie Boucher says the improvement has been driven by mistakes in the financial collapse.



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