Return to profitability for Bank of Ireland
By Simon Cunningham
BANK of Ireland is the latest Irish bank to announce a return to profits, posting as € 399m (£316m) before for the first half of the year.
In an interim report the bailed-out lender said its impairment charges were down from € 780m (£618m) to € 444m (£352m).
Some € 88m (£70m) of that is purely on its residential mortgages.