reports
- Elisabeth Rudman
- Maria Jesus Parra
- Maria Rivas Escrigas
- Elisabeth Rudman
- Maria Jesus Parra
- Maria Rivas Escrigas
- Elisabeth Rudman
- Maria Rivas Escrigas
- Mario De Cicco
- Mario De Cicco
- Ross Abercromby
- Elisabeth Rudman
- Maria Rivas Escrigas
- Mario De Cicco
- Mario De Cicco
- Ross Abercromby
- Elisabeth Rudman
- Maria Rivas Escrigas
- Mario De Cicco
Bank of Ireland 2020 Loss On Higher Loan Loss Provisions; Cost Targets...
On a consolidated basis, Bank of Ireland Group Plc (BOI or the Bank) reported a net loss of EUR 707 million in 2020, compared to a net profit of EUR 448 million in 2019. The result was mostly driven by the combined effect of lower operating income and significantly higher loan loss provisions (LLPs), reflecting the challenging operating environment affected by the COVID-19 pandemic. Net of non-core items, the underlying net loss before taxes was EUR 374 million in 2020, compared to an underlying...
- Elisabeth Rudman
- Pablo Manzano
- Elisabeth Rudman
- Maria Rivas Escrigas
- Pablo Manzano
Bank of Ireland Q1 Pre-Tax Loss Triggered by COVID-19 Provisions
The Governor and Company of the Bank of Ireland (BOI or the Bank) reported EUR 241 million of pre-tax losses in Q1 2020 compared to EUR 123 million of pre-tax income in Q1 2019. The Q1 loss reflected higher loan loss provisions due to the Coronavirus disease (COVID-19) as well as the negative impact of mark to market losses on certain financial assets. We expect the COVID-19 environment to continue to add pressure on results through higher loan loss provisions and lower revenues as well as asset...
- Elisabeth Rudman
- Maria Rivas Escrigas
- Pablo Manzano
- Maria Rivas Escrigas
- Ross Abercromby
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