The group released its interim management statement. So far, the Brexit vote has had no visible impact on the group’s activity be it in Ireland or the UK. Sterling’s weakness has impacted profits (17% of underlying profits before tax derived from the UK in H1) and the capital position.

04 Nov 2016
Brexit impact limited to FX impact so far

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Brexit impact limited to FX impact so far
Bank of Ireland Group Plc (BIRG:LON) | 1,238 -24.8 (-0.2%) | Mkt Cap: 11,937m
- Published:
04 Nov 2016 -
Author:
David Grinsztajn -
Pages:
2 -
The group released its interim management statement. So far, the Brexit vote has had no visible impact on the group’s activity be it in Ireland or the UK. Sterling’s weakness has impacted profits (17% of underlying profits before tax derived from the UK in H1) and the capital position.